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: The brief on was deleted - YourNadir
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Oct 08, 2012 12:05AM

Interesting, JayJ. I read every word.

As a counterbalance to the confirmation bias theory, there is a poster here who offers a wealth of excellent DD but has never, to my knowledge, posted a negative word about CUU, not one! Believe me, I also take that with a grain of salt. Everything isn't always roses.

The delays have been real and extremely frustrating, and I certainly don't always assume it's because something positive is going on behind the scenes (i.e. negotiations with Teck as opposed to contractors who just can't get their act together).

I have accepted there are shortfalls with CUU. I also have adjusted my expectations a number of times, both in terms of when the back-in/buyout will occur (if it occurs) and how much it might be worth.

As I mentioned, I have a great appreciation for some of Chappy's conclusions and speculation. I believe his buyout prediction is around $3.25. Based on his extensive research I wish it were higher, really I do. But it is what it is, and I am not critical. It may prove very close to reality, as much as I'd prefer something in the $5-$7 range.

Prospekt and generaledger have also added great analysis and insights. Both of them have, at times, expressed their disappointment with delays. That's because they're human and things have not come together within the timeframe so many of us had envisioned.

So, no, I'm not sitting here with my hands over my ears, shouting "LA LA LA LA," trying to tune out any negativity on this forum.

However, I tend to distill pertinent information from the STABLE personalities on this forum and allow that to help form my outlook in addition to my own research.

While we're on the topic of psychological suppositions here, what is more concerning to me is that some people are too easily misled.

A handful of investors here have become disillusioned with CUU due to the delays. Expectations have not been met and they're seeking direction. Perhaps selling and moving on would be in their best interest, that's their choice.

Instead, some of them are prepared to latch on to the ramblings of someone who constantly makes himself sound like he has insider information. This person has been wrong in his conjecture several times, yet he's never admitted it. When called to account, he belittles the person who dares to question him. He says you obviously misinterpreted what he wrote. When things obviously have not panned out as he forecasted, he then says he averted disaster by selling right before a downturn.

I feel sorry for those who put faith in such an individual. I've never met anyone who's never wrong. Have you?

Oh well, can't save 'em all. The best I can do is raise a red flag.

Anyway, you impress me as an independent thinker and it's good exchanging viewpoints with you, JayJ.

Happy Thanksgiving.

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