Copper Fox financials from MDA

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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babybreeze

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Copper Fox financials from MDA

posted on Sep 27, 2016 12:09PM

I have not verified the validity of this, but according to a post on another board, the MDA shows Copper Fox has burned through $1.1 million in the past 9 months with $861,006 cash left in the kitty as of July 31, 2016. Correct me if I'm wrong, but Elmer Stewarts compensation alone would burn through a third of that remaining cash. I hope they don't dump another lump of dilution coal into the Christmas stockings of shareholders at years end.