The chaotic Euro situation is wreaking havoc on the markets again and we're feeling the effects, although to a lesser degree than other juniors but we're not immune.

My question is this: should Greece get the boot from the European Union and the resulting fallout temporarily pulls the markets down substantially -- or even worse, should the Euro unravel completely -- doesn't that present a prime buying opportunity for us?

Let's say Copper Fox gets caught in the global crossfire and falls to the 70 or 80 cent range. Yes, that would be painful for all the existing shareholders who bought at $1 or $2 or more, but if you can afford to snatch up additional shares at low, low prices then you can profit even more in the end because the buyout is still likely to happen at $3-$5.

So while I see many of my shares under water right now, I'm sort of perversely hoping to see at least a whipsaw sort of effect allowing me to steal even more CUU shares at considerably lower prices because I don't believe Teck is walking away from this glorious deposit due to some upheaval in Europe. I also don't believe Ernesto is going to panic and sell Schaft Creek on the cheap.

GLTA.