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: Bids
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Mar 12, 2024 01:24PM
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Mar 12, 2024 04:19PM

Sorry, YM. I'm not optimistic at all that we're going to see any significant movement in the near term. The share price tells us that nobody cares and nobody expects dramatic developments anytime soon.

I hate to read that anyone would be devastated by having to wait for another year or two (just a guess on that timeline, maybe we'll all be lucky and I'm dead wrong about that). 

One thing that I've always been grateful for -- despite being "greedy" like chunky and not selling while we were trading over $2 (although insiders didn't cash out at all then either) -- is that I never overextended myself in buying shares. 

I have a lot riding on CUU still, but it's not going to break me, even if it takes another decade. 

You're right, copper is a hot commodity these days, same with the other metals at Schaft Creek. More stagnation means we run the risk of a downturn in metals and the broader economy, but it's all beyond our control. Always has been.

 

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