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%)

Free
Message: Downside risk vs potential upside

However, on the UP days where 1-2M shares are traded, it is not unreasonable to assume you could unload half of such a position (500K shares) or even a decent fraction of it in the high teens/low 0.20's (below the resistance level of 0.23) on heavy volume while still mainintain a core position to hedge against your "surprise production decision"

I also sometime think of unloading a few shares but thats usually when we struggle or trade at par, and a day like today try to sell 500K shares and see what you could get for them... When we bounce I always think : Nice, we're headed back up there... 22 cents? thats ridiculously low I'm not selling now its worth a tad more, I'm holding to them, at this pace we will be at 30 cents in a couple days then ///STOPPPP volume dries and depression mode gets back on etc.

Share
New Message
Please login to post a reply