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: My prediction
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Dec 10, 2012 08:22AM
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Dec 10, 2012 12:20PM

Where will all the magic shares come from? There won't be any institutional buying. There's not enough shares period. We might get smaller guys buying but Stifel cleaned up pretty good. They set the premium for larger share transaction. Compared to the total float, Stifel got bugger all. So what does a co do that wants 20 million shares? If they offer $3.50 share holders will probably scoff. If they offer more they run the risk of not gaining. We should see offers up to that on the market but I doubt more than a handfull will trade. How does a co make a gain at this stage? No shares to buy. The 250k frisbee will stop and we'll have a volume of nadda.

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Dec 10, 2012 05:24PM
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