Re: Is Copper Fox still your investment of choice today?
in response to
by
posted on
Jan 07, 2014 11:59AM
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%)
Cuu is not my favourite investment if I talk sentimentaly.
On the other hand with a positive drilling program etc and a good sale a few months down the road..it may come close.
Unfortunatelly the latest drilling program was less than half than advertized.
If the next is complete and unlocks a lot of value,the game changes.
The insiders are not happy at all with share price I guess.