Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Some Math
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I enjoyed your post - it was a good laugh.

Your math is bad however... when you state: Teck's stock has lost $3 per share the last 5 days. Projecting this forward shows that Teck's $21 share price will hit $0 in 7.1 days.

Projecting this forward, it would actually take 35 days for Teck's stock to go to $0 ($3 loss over 5 days, for a $21 share price, it will take 7 of these 5 day periods)

And according to the latest news release, Copper Fox has about $4 million in cash. So we are good for a lot longer than end of the month. But your math shows why they had to do a PP.

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