Recent trading activity the last few days developing since last week has commenced interesting debate on this forum and other places which is always welcomed. As we observe this stock's performance of late, we realize how undervalued this company really is. Many are speculating why this is happening now and what are the reasons behind it? There could be many reasons and all could be justified with logical evidence and reason. The extension of the $1 warrants and improved financial status add important steps to our recent uptrend in share price. The upcoming news release regarding the 2015 plans could be another factor to the stock accumulation. The 2015 plans could be an important development that brings the company to the next level (EAA announcement, further drilling of high grade zones discovered, road building, Optimization report(s), etc). All of these developments would lead to a new level of corporate strategy and planning. These announcements would continue to derisk the project and improve the overall sentiment and perception of "Copper Fox" within the investment community and mining industry. I do not know what will be announced but it should be interesting as it all unfolds.

In connection to the share price, I was discussing recent trading activity with my friend today who is in finance and investment banking and asked his opinion on the company's technicals. He stated that this stock is experiencing a long-term trend reversal in price. The share price passed the 200 day moving average blowing through key resistence levels, forming new support levels. The stock's trading activity is a signal of a price level between 50-75 cents in the short term. The extremely high volume (9x more the average daily volume) not seen in years is a very bullish development which shows improved investor sentiment in this company.

All of this information was known to me but he confirmed my notions with his opinion on the trading. A sell-off or consolidation is possible as people take some profits but the fundamentals are getting better. I actually want to price to decline so I can buy more at basement levels. The buyout speculation is interesting but I feel management needs a few more developments to occur prior to an "asset sale" (such as Optimization report(s)/revised BFS, EA, and a production decision so majors know Teck wants this mine in production). These developments will improve our buyout/sale value which should net us 1.2-1.8 billion.