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: L2
L2
4
Nov 28, 2012 11:13AM

Thanks Johnny August; its good to see the thickness of level 2 too in absolute numbers. It's good to see a nice wall at 1.00 instead of 0.98, that has been our real support level for a long time and only a really bad news message could break through that support I would recogn.

I do not think these orders on the ask are retail orders so with more market order buying (a retailer would not put up such big chunks at this moment in time), I expect some of these orders to be withdrawn and lower volume needed to really climb. I still believe we are being held within a threshold between 1.00-1.20 currently.

However without a news event I don't expect us to stay above the 1.10. We are in waiting mode, the big buyers the mm's and us retailers.

Has anyone phoned the company this week?

Stroef

3
Nov 28, 2012 01:14PM
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