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: Officially Moth Balled! Hold on a sec with the witch hunt...
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Mar 11, 2018 09:41AM
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Mar 12, 2018 05:09PM

Respectfully, Lonestar is simply another good long time investor who has had simply had enough and is providing his reasons for bailing.  He, like many before him, have patiently waited, taken Elmer at his word, and has been repeatedly disappointed by missed timelines and a poorly negotiated JV.  This board has lost many respected investors and that is a pitty and the fault of CUU not patient investors.  I, too, am feeling very discouraged by where this has all gone.  I was really encouraged in the spring by Teck's performance, outlook on copper, plans for the Satelite project, and now I too have divested of most of my once large investment in CUU out of my portfolio as I see where thia appears to be going.  I remember talking to Elmer in Nov and he told me what Teck decides to do with this years plans will be very telling.  So with that, Id say the odds are we are being mothballed or Teck is very intentionally playing us down to nothing to starve us out until Ernesto takes what they are willing to offer.  This is all so very disappointing as we are bargaining from a very poor position - that is not an opinion, that is a fact.  I have been here since '11 and am at a very large loss in this investment.  I will hang onto very few shares (sold 50 k shares today and now hold less than 100K - which at one point was a huge amount and now is less than 10K, sigh...)  I am also possibly fortunate that I also have warrants from the PP as an insurance policy in case something positive does actually happen in the next yr and a half.

 

Anyway, enough with calling fellow investors "bashers"....these are people that have been on this long journey with many of us, and contributed all the way along.  Its not their fault that things have turned out so poorly.

Cheers

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