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: Nice day on the market...
1
Jan 03, 2012 02:34PM

Today isn't a total loss, the way I see it the stock resisted a downward plunge. Someone following technical analysis alone would have likely determined that this stock is due to fall back after rising from $1.00/share (assuming the downward trend from the second half of 2011 continues). There is resistance towards bucking this decline.

For example, look at the following:

http://www.americanbulls.com/StockPage.asp?CompanyTicker=CUU&MarketTicker=VSE&TYP=S

Lets hope for a strong end of day. Hopefully we sit at 1.16 or 1.17 at close, and then the TA junkies will need to reconsider their strategy for this stock going forward.

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