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: Re: $2.70 Copper
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IMO, the more we get close to the 3$US mark for copper, the more we will start to see some activity around us.

 

That, I most definitely would not count on.  Over the past 12 months Copper has risen from 1.96 USD/lb to 2.69 USD/lb. And yet despite this rally in the price of Copper, CUU is trading at the same price now as it was a year ago at this same time, when copper was trading around 2.00.  And you can't say that all the juniors are in the same boat as Copper Fox right now, as you'd be hard pressed to find any of CUU's peers who are still hovering around the same price they were a year ago like CUU is.  The market is fully aware of our situation in regards to the future of the project, and hence the shareprice, being hinged to a decision by Teck, with no timeline for said decision to be made.  The price of Copper can go above 3.00, and it's very much a possibility we would still be trading within a couple pennies, give or take, of where we are right now.  Copper Fox is a cuckold of sorts, in that until Teck removes the restraints, we will be doing far more envious watching of others having fun, than participating.

 

 

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