Re: The bulk of Mr. E's stock

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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Russ Reid

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Re: The bulk of Mr. E's stock

in response to

The bulk of Mr. E's stock

Lissibear

posted on Jan 07, 2012 04:28PM

However at $4.00 per share it becomes over $700 million. Why would anyone sell for less than something is worth just because you are already ahead. Ask yourself this - If you purchased your house for $50,000 and the market 30 years later says it is worth $500,000 would you say I'll sell for $250,000 and still be way ahead. I very much doubt it!!!