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: From today's NR
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I think you missed my point.

Yes our 25% share in SC can't get dilluted, but the number of shares issued can increase. If this is going to take a couple more years (and don't think it can't), money is needed to keep the lights on, etc. We have no future income sources.

If you believe they will spin off the other properties, why not now before we spend on them? Does it make sense to run cash down before spinning off - if spinning off is the actual plan?

Has Elmer ever stated that spinning off is the plan? Is this just a poster's idea of what could happen?

CUU never had any "income". Most junior companies don't have any "income".

Why did you invest in CUU in the first place if you're so worried about money?

We talked about dilution many times already, I really wish you're not becoming another Canadagrant and repeat the same opinion over and over again (CG's statement of we spent $90 million and got $20 million back).

Aside from that, we have $4 million in the bank right now, have you tried figuring out how much this money will last for us? IMO, I feel it's enough for us to wait till we monetize SC or VD. What is your opinion?


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