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: We're now trading in the red!
4
Nov 30, 2011 06:39PM

Squishy,

As we speak there's give or take 380 million shares outstanding. Insiders own 65%, or about 247 million shares, and there's probably another, let's say, 10% holding until the end (longs). Now, out of the 120 million shares left, the recent daily average has been of about 275 to 300 thousand shares. This represents about 0.00025% of the tradable shares. Now, if we add Shorts and Day Traders, the volume goes down even more.

What I'm trying to say is that CUU's share price is currently based on the "opinion" and "DD" of the few people who don't fully understand the CUU story and based on banks/financial institutions who completely understand and have created this minuscule 0.00025% average volume in order to keep the price down and profit from the week hands. Now, imagine when the real news comes out and the daily average jumps to the 10s of millions. The price will finally reflect all of the facts and potential, and the insiders will work to maximize shareholder value.

Pat66

6
Dec 01, 2011 11:51AM
2
Dec 01, 2011 01:41PM
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