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: If Elmer Retired
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Dec 17, 2023 03:15PM

Thanks MK, I trust ur information and hope ur correct if a SC sale comes.  

Question, if you will...for u or anyone on the board...

If a sale were to happen, again say 500 mill for arguments sake.  A dividend gets paid to shareholders for X amount, but the company remains and continues as is.  Would our SP rise on that? Usually when there is a buyout of a company, the SP rises to basically the valuation of the deal.  What would happen to our SP if say we got a dividend payout?  Would there be some sort of shares adjustment?  Could perhaps people get a large dividend and then also exit their whole position if it was at say 1 dollar SP?  Thoughts?

Tia

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