Clearly we are told by insiders they want to sell the SC project. They brought the asset to a point in its development where they can't do anything further without spending a lot more money like drilling or 43-101 report.

Once the 2019 report is complete, there is nothing else Copper Fox can do. This is the critical point in our history for the board to decide next steps.....the directors don't want to continue diluting us....logically their option is to find a buyer. So if they decide to not dilute us and vote to sell.....we need to continue waiting until that news is public.

Some benefits to closing the SC sale transaction anytime after December 31st 2020-

1) New year- TFSA contribution (transferring shares from regular trading account to tax free trading account). Might as well wait the extra 2 months to get this benefit.

2) Deferred taxes- a sale in 2020 means large tax bill within few months of tax season (March to June) BUT 2021 closing transaction date means waiting a whole year before capital gain tax due in 2022 tax season....in the mean time trying to continue to grow your investment money with other plays.

3) Accumulation- Those of us with dry powder can still accumulate more shares before asset sale news.