Re: Copper Fox announces a $2,500,000 Private Placement Unit Offering, insider commi
posted on
Feb 22, 2013 03:05PM
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%)
Development definitely runs contrary to anything management has ever stated in NR or reportedly told our numerous shareholders on this board.
This may be a negotiating ploy to get Teck's attention. Don't offer us the right price and we'll begin flexing our muscle. Ernesto may have enough coins under his couch cushions to carry on this act for a while as they continue posturing in the boardroom.
But we're left to speculate once again.