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: Teck shares
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Dec 12, 2014 08:22PM

If I do not agree with what management is doing, if I did not trust them to do the right thing, if I do not believe I will get a decent return on my investment for years to come and I bought at or within a few %ages of todays market price I would be asking myself "Why am I still a shareholder?"

I'm going through this process now (on another stock) and it isn't the first time or the last time it'll happen.

You have to know when to hold them, and you have to know when to fold them.

I've talked with Elmer a couple of times about Copper Fox, Shaft Creek, the deal with Teck and CUU's relationship with Carmax. He's a straight shooter and was on the level with me.

We both agree copper has incredible fundamentals going forward, shortfalls in supply, resource nationalism, geo-politics and security of supply all come into play.

The north west corner of British Columbia is an excellent place to be searching for copper in. It's an even better place to be once you've found some and have attracted the attention of one of the world's major mining Co.'s.

I'd rather own 25% of Schaft Creek and 42% of Eaglehead then a 100% of nothing which most have if they own a project in an unstable country. And on the subject of Eaglehead why wouldn't you want CUU to keep funding it? Why would anyone think of getting diluted down? For me it's all about owning as much COPPER IN BC as possible. I believe that makes you, and by you I mean CUU, a takeout target. Has anyone actually looked at how much potential metal (in the ground), one .115 share of CUU buys you? Where else do you get that much exposure?

ttfn

nopoo2

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Dec 12, 2014 09:17PM
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