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: Annual results anyone?
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that means all the money is almost gone?

"At October 31, 2013, the Company had working capital of $13,098,464, a deficit of $15,835,791and net income of $1,386,744 for the year ended October 31, 2013. "

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Not quite. Deficit of $15 M is net loss accumulated so far - that's a historical figure. Working capital is what CUU has on hand right now (working capital is current assets less current liabilities); that is, CUU has a net of $13 M in liquid assets, basically cash, short term investments and receivables, that they can use in the future. Hopefully that should be enough for a few years, if they have to wait that long.

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