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%)

Free
Message: Carmax
Reply New Message
Prev Message Back To Forum Threaded View Next Message

Hmmm...doesn't not buying CUU shares shows more confidence?

If they are confident that Teck or someone will buy their 25% share in SC for x amount of money. If they are confident that they know SC is going into commercial production.

Plus why would they waste company's money to buy $1 million worth of CUU shares. What at 25 cents? 4 million shares? Will they even get $4 million shares? Sure the SP will jump, but ppl will sell it back down here if Teck doesn't make a move.

3 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply