Jay Warren Buffett also spent $26.5 billion for the remaining 77% of Northern Burlington Santa Fe rail in 2009 that his company didn't already own. He said and I quote "this purchase represents an all out wager on the US economy". Wouldn't you call that I a gamble of its own? Buffett made that purchase because he understands where we are headed with reference to transportation and oil costs in North America and the rest of the world. Most long-haul trucking in North America is done by rail now. Long gone are the days of long-haul cross country scenic drives for truckers. It's just not economical. I won't get into details but our situation is very similar to this. Long gone are the days of high-grade large deposits. You see where this is headed? The principles of investing have changed dramatically over my 20 years of investing experience. I remember reading a book a while back about a gentleman from the Ottawa area who was able to retire around 40 years of age on dividend yielding stocks. I remember reading a few years later how he had to make some very different choices and even perhaps start working part time again because a lot of his high dividend yield companies had either reduce their dividend or dried up completely. It's my opinion that the people who see Copper Fox as a risky investment are the people who don't fully understand the situation at hand. Warren Buffett also said be greedy when others are fearful. This is my time. You decide if it's yours. Cheers Ldubs