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: Re: We need NR
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Nov 12, 2013 03:08PM
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Nov 12, 2013 03:48PM

Nov 12, 2013 04:08PM
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Nov 12, 2013 04:50PM
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Nov 12, 2013 05:06PM

IMO they will keep on shaking us until at some point nobody will offer their shares either at a loss to them or minimal profit depending on what their ACB and/or entry point was.

To be honest I'm not even considering selling any of my CUU shares, I'm pretty underwater in dollar value but bought into this play for the long term. I never anticipated that it would be this long though :)

Each investor has their own tolerance level and/or rules that they trade by, as dissapointed as I get with the day to day SP I keep reminding myself that this is a venture play and has its own risk/reward due to multiple factors outwith my control.

I just stick by my original DD and that was based on the potential and sheer size of SC, potential depth, and surrounding deposits to one day become a district. I still believe that this will happen within my timeline tolerance

I work in the oil industry, people will always need commodities, how much they wish to pony up for them depends on many factors, but at the end of the day it's all about supply and demand.

I think Teck bought 75% of SC for the long-term, with NTL moving along nicely and everything else lined up if I have to wait a few more years then so be it. I can live with my decision and investment risk albeit wishing things had played out better over the last couple of years.

GLTA

Max

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Nov 12, 2013 07:36PM
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