Re: Tough Times

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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simc1

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Re: Tough Times

in response to

Re: Tough Times

Liddy77

posted on Aug 08, 2013 01:50PM

buying 20M of shares back when our market cap is around 200M would hypotetically result in a reduced float of 10%..

lets say we have 400M shares, market cap 200M. 20M buys 40M shares, so now its 360M shares for a market cap of 200M so our share price should now be at .556$ a share instead of 50 cents...