"They wrote down the value of these shares from the original purchase price at year end 2016:

Copper Fox directly owns 29,342 shares of Liard Copper Mines Ltd. (“Liard”), a private company incorporated in British Columbia, which represents approximately 1.55% of the issued and outstanding shares of Liard. These shares were originally recorded at a cost value of $759,305 on acquisition. During the year, the Company determined that the Liard shares were impaired by $652,480 and were subsequently written down to the FMV carrying cost of $106,825."

Don't you think that it is high time that these Liard shares get written down once again by seven times or maybe more, I mean given the absence of any interest?  (No really, believe me, I am not bashing these Liard guys, ;) shuuuush) These holdout Liard shareholders are how old now?  No progress in a lonnnnnnng time there dudes.  I'll bet they are itching a little.... into giving in a little... to get at least something while they are still above ground. Who could possibly be interested in persuing an MO of starving out and soaking up those last few loose ends....hmmmmm   

Hey, hey, hey I know who you are thinking!  

JMHO