Re: Copper Fox provides update on corporate activities

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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Z32NUT2

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Re: Copper Fox provides update on corporate activities

posted on Aug 12, 2013 01:47PM

Everything Golf said is 100% correct. The only thing I would add is that the ACB reduction is irrelevant unless you are holding in a non-registered account (reg trading account). RRSP's dont track captial gains because it is all income (100% taxed) when you withdraw it, and TFSA's just go up in value. How the TFSA goes up is irrelevant.

Only those holding in non-registered need to adjust the ACB. For the holdings in registered accounts you will have some liquid to invest into other things. I wont suggest reinvesting in CUU at these prices. I would probably be drummed out as the new Village Idiot.