Re: Whatever happened to ......
posted on
Oct 07, 2014 09:43AM
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%)
See, that's the thing. I did my own DD. I didn't listen to what vette said. I listened to Elmer. Right from the horses mouth so to speak. I also paid attention to the information provided on the company website. It was all wrong. I mean really wrong. I can post it back up here for anyone who can't remember. It was BS. Negative copper. Salazar. Liard Shares. 320 million from Teck. All garbage and they take it down like it no longer exists. Poof, gone...
"It isn't gone and I invested on the information I got from management. I think maybe it's time I paid management a visit to ask the real questions.
What happened to shareholders 90 million dollars?
Where are the Liard Shares?
Are you actually going to drill in the local school yard?
Did you actually giggle when vette called you at night?
I think at an eighteen cent share price those are pretty reasonable questions and think the loss has nothing to do with shareholders but more to do with the lack of management.
Sorry Elmer but Teressa isn't going to fix this one for you at any price...."
THIS, is exactly what I mean. The same things stated OVER and OVER again even though he knows the answer. I am refering to a few lines in here mostly:
What happened to shareholders 90 million dollars?
Where are the Liard Shares?
Well the 90 million.
http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/622492-so-much-for-those-who-say-cuu-always-sells-off-on-news-not-so/messages/1951054#message
http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/622492-so-much-for-those-who-say-cuu-always-sells-off-on-news-not-so/messages/1951054#message
Was spent on drilling and studies, in the end we earned 25% of this resource with milestone payments, that if all are payed take off a large majority of the cost.
The Liard shares.
They are held in trust with Teck, if anything you should be happy of this. We have not lost them or anything and what we own is still ours. This really could be a good thing, to me it says they didn't see it worth the effort to transfer them over to only have to transfer them back.