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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: The 50% Rule
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Oct 11, 2012 05:04PM
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Oct 11, 2012 05:18PM

Oct 11, 2012 05:26PM

Hi Nav,

I'm not arguing with you but lets just say you will be pleasently surprised. I spoke to a couple investment firms for advice for situations like this and about 70% of the time larger investors wont come out until they see the BFS. Yes they are paying higher to get in at that point (2bucks plus) but are minimizing the risk of their investment. The only reason we saw us hit to 2.75 is because steifel decided to buy a big stake and Ernesto, David buying on the public market helped too. This is what i think will happen, Great BFS comes out, bigger firms buy in, bring us up over the 3 dollar mark since the shares are real thin, and teck will make there first offer at about 5 bucks, not sure what will happen but someone will come in and bring the buyout over 5 bucks... my prediction is like Crazy Web's (j.k) of 8 bucks per share. i still have a feeling it will be all over before year end DEC31'st.

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Oct 11, 2012 05:32PM

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