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%)
Message: PDAC
Usually we have someone on the board who has gone and reports back with some info. Even if it's nothing new. Did anyone actually go or are those of us who have gone remaining silent because of how the board responds to them? I would love to hear anything that management has said face to face.
From general readings, PDAC in general was tame:
PDAC curse or blessing? Fresh from the Letter Writer Presentations track at the Prospectors and Developers Association of Canada (PDAC) conference, The Gold Report asked thought leaders to share their impressions from the annual minefest. Adrian Day Asset Management Founder Adrian Day, Exploration Insights Publisher Brent Cook, House Mountain Partners Founder Chris Berry and The Daily Gold Premium Publisher Jordan Roy-Byrne used terms such as "realistic" and "muted." Eric Coffin, editor of Hard Rock Analyst, posited that the lack of excitement might actually benefit the few companies that rose on good conference-timed news because it removed the chance of a "PDAC curse" dropping stock prices after the event. Let's see if all the voices agree.
The Gold Report: What was the mood at the Prospectors and Developers Association of Canada annual meeting? Did any companies stand out to you?
Brent Cook: There was an overall lack of "buzz" and news releases. Although many companies seemed to time news for the event, not many had market moving news. It seemed most companies were keeping their heads down.
Chris Berry: Most were realistic. It is clear that the days of having the wind at the back of the mining industry based on China's increasing appetite for a host of commodities, is over—or at least paused. Companies across all market capitalizations have written down the value of assets, sold properties at a discount, and instituted strict cost discipline going forward.
Jordan Roy-Byrne: What stood out to me was the muted bullish sentiment or cautious optimism from the industry.
Adrian Day: While crowds were thinner, the mood was a little more optimistic, though realistic. Many companies were looking for projects, joint ventures and other deals.
http://www.theaureport.com/pub/na/15891?utm_source=delivra&utm_medium=email&utm_campaign=Gold+final+3-10-14
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