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: insider commitment
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Jan 18, 2012 03:12PM
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Jan 18, 2012 05:36PM

I think that it is important.

They would know if this thing was going nowhere.

If that were the case they would not continue to buy more. I know that for Ernesto a couple million is nothing, however he did not get rich and continue to be rich by throwing money away.

If he knew that this was going to be sold for nothing he would not keep throwing money at it.

He would not have agreed to take the debt repayment in shares unless it was worth it then and going to be worth more.

It has been said here, the only way he can get out of this is for the whole thing to be bought. There is no way he could unload 200 million in the open market.

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Jan 18, 2012 06:06PM
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