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: Dilution

I agree that they hope for that large tax refund. I also think that they hope for a production decision by the end of 2014 or first half of 2015 which would bring in another $20 million.

However, if they do actually need additional funds before those events happen, I would expect that would do the spinoff BEFORE doing the additional private placements. All their actions lately have been to avoid further dilution.

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