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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Message: Re: Let the M&A frenzy begin! Kinross buyout of Canadian explorer!

"I guess all those believing a buyout is just a premium on top of current share price were proven wrong big time :)"

 

How so?  GBR trading around $20-22.00 for past months. So they got a about a 30% prem. We would need about 600% to get a $1.20??  Regardless I want a much higher share price to wait this out and enjoy the ride for a change.

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