Re: Slowly going up again

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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MoneyK

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Re: Slowly going up again

in response to

Re: Slowly going up again

CuuVenturer

posted on Jan 13, 2018 08:39AM

The chart seems correlated to commodities, but not copper & gold only which peaked higher in 2011.

I don`t think the chart is ideal to figure the best timing to buy some CUU shares, but does indicate that this commodities ratio is almost, if not at the bottom.

E.g. Copper Fox in 2008 was the best buying opportunity followed by an intense bullmarket until 2011. However, the chart was around the median in 2008.

On my side, I believe that copper getting close to 3.50$US or a great news/great news coming will make us move over 0.18$. Until then... we could stay in this sideways pattern and 0.11$ - 0.12$ seem to remain the best buying opportunity.