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: Carmax
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May 12, 2014 04:53PM
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May 12, 2014 05:06PM
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May 12, 2014 05:10PM

Hmmm...doesn't not buying CUU shares shows more confidence?

If they are confident that Teck or someone will buy their 25% share in SC for x amount of money. If they are confident that they know SC is going into commercial production.

Plus why would they waste company's money to buy $1 million worth of CUU shares. What at 25 cents? 4 million shares? Will they even get $4 million shares? Sure the SP will jump, but ppl will sell it back down here if Teck doesn't make a move.

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