The list- Why some believe a buyout near
posted on
Jun 07, 2021 11:52PM
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%)
Please other longs add to this list-
Some of us believe some kind of transaction is near due to these reasons:
1) The sudden hiring of Colin to reduce Elmer's work load and handle Investor Relations while Elmer worked with Teck on technical reports
2) The change in date for the AGM (always in May until last year)
3) The year where suddenly all warrants are set to expire and all insiders FINALLY exercising warrants after years of extending them.
4) The hiring of a new high-end CFO who specializes in M&A or Corporate planning. A guy involved in a billion dollar deal with another company.
5) Teck publicly discussing SC in presentations and finally announcing material numbers to their investors IE- 60 cent costs (C1 estimate).
6) Copper Fox announcing an independent 43-101 report using their OWN money to update market on current SC value after 8 years of optimizations and Teck work. Why this year? Along with all the above mentioned....gives the hint.
7) The sudden desire to buy Eaglehead this year when the company had low treasury?
8) The sudden desire to bring MM & SB to drill ready stAtus!!?? Why? American assets at early stages getting set-up for drilling with no real money in the bank? Setting up a post copper fox company?
9) Teck announcing a PFS report coming to SC at pdac in March! Doesn't Teck buy their partners before this development as history would tell us?
10) The sudden rise of our share price from 6 cents to 67 cents (new 52 week high). Can't be just copper price increase and improved VD value!
11) A 2021 pea study taking several months when most of the work completed with Teck's 2019 report and most components of the 2013 report still relevant and current?
12) The back and forth discussions with Teck on project value for many months! Copper Fox needing 4 Teck executives signatures and their comments (Elmer confirmed in agm webcast)....a report still unknown to this day.
Smell the tea leaves Folks! The waiting still hurts. So either something big in the works or it's a very weird year of coincidence!