Good point.

However, why continue to own Copper Fox shares if you are so pessimistic about its future?

Surely you still have even the tiniest glimmer of optimism

I have been a Copper Fox shareholder since 2010 and should have sold all my shares in 2011 to 2012 - would have made a lot of money! Especially if I reinvested the proceeds in Canadian bank stocks.

However, while I still regret my decision (my wife keeps reminding me in case I forget), I have always believed in the potential of Schaft Creek.

Seems to me that things are finally moving in the right direction. The 2013 Feasibility Study demonstrates the viability of Schaft Creek, Teck has included it in its Satellite Program, Copper supply is projected to decline substantially in next 3 or so years, copper prices are projected to increase as a result, Newmont (a very big US based gold producer) has just acquired 50% of Galore etc.

What is there not to like about all these facts?

Copper Fox is in the business of developing mining prospects and not in actually mining these prospects. So, selling their interest in Schaft Creek should make sense to them. When they sell, to whom and for how much will only be known when they release the NR.

IMO, Copper Fox shares are worth much more than 10.5 cents. How much - do not know. But I am more than willing to hold until I see the NR!