Re: Copper Fox announces a $2,500,000 Private Placement Unit Offering, insider commi
posted on
Feb 23, 2013 09:46PM
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%)
You should care, EE is the main reason that CUU can stand up to the big boys such as Teck.
If you don't like the heat then feel free to get out of the kitchen...
IMO the game is now getting more serious, the company may be in a silent/quiet period but we longs fully understand what is happening when the PPs come out, I suggest you read Webgogs last mail on the 6 options he sees and the hint on how this particular negotiation game may play out.
GLTA longs
Max