Is Copper Fox still your investment of choice today?
posted on
Jan 07, 2014 11:47AM
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%)
Considering the complete shellacking the share price has taken, my question to you is this:
If you had $10,000 to invest, would CUU be your stock of choice?
If yes, would you make all your share purchases at today's low levels or would you hold a portion of it in anticipation of possibly averaging even lower, especially considering the lack of news on the horizon, at least that we can foresee.
For me, I own all the Copper Fox shares I'm ever going to hold. Other investments definitely are more attractive.