Does anyone else find this development to be important?

For a company that has very little money currently in the treasury to be executing on an over 400K plan is quite interesting. Lately, Copper Fox has been very conservative with their cash and spending costs. They have been very prudent in what they do with these projects, so with them starting the permitting process to advance VD is very exciting and special.

I am assuming they are very close to announcing a JV partner with deep pockets for this project that will finance forward developments to earn back an interest in property! Huge news could be imminent folks! All the tell signs are there for us to forecast. The negotiations could be nearly complete and the parties involved are ready to sign and move forward to the point Copper Fox is able to begin the permitting process of VD and improve its overall value!

Remember this statement from our CEO:

The recent interest in our United States assets is encouraging and hopefully will result in finding an industry partner to continue exploration or development of one or all of these projects.

Then he says:

Until these trends become more established Copper Fox plans to focus on conserving cash, advancing its assets on a technical and value added basis, and executing its corporate strategy

Folks, spending over $400,000 on VD right now to advance this permitting process is not conserving cash!!!!!! News should come out soon on a new JV partner with one of the majors in the area.