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: Why do traders choose to trade anonymously on CUU?

In my opinion,

anounymous may not be a single trader, but rather a few completely different brokers/traders operating independently. (Who knows..?)

I doubt that we can all assume as a fact and also based our conclusions, that every single anonymous trades/strategies on CUU stock are control by the same and only 1 broker/trader.

For those like me who may be very curious about the (What's & Why's) of the "Anonymous strategy's", I founded a link of a very detailed Australian research studies about the anonymous trade & strategies of the Toronto Stock exchange.

It could be a part of my ignorance. But I for one am pretty obtimist and happy to se some anonymous traders "still playing strategies" with big money over the last few years on CUU stock ;)

<<......The majority of anonymous orders are in the form of passive limit orders placed by client and proprietary accounts. However, specialists account for a large proportion of aggressive anonymous market orders. It is possible that specialists prefer to trade anonymously when they possess superior knowledge of pending large trades. One source of such information is from orders being "shopped" in the upstairs market (Griffiths et al. (2000), Davies (2003)). In such instances, anonymity is useful for concealing information, thus reducing the immediate price impact of their trades.>>

<<...We find that by strategically selecting anonymity when it is beneficial, traders reduce their execution costs. This is likely to be because informed traders use anonymity to reduce opportunities for trading-ahead and piggybacking.

At the same time, patient uninformed traders can use anonymity to make it more difficult for other traders to identify their individual trading patterns and "pick off" their limit orders. Of all the order sources, specialists and options market makers benefit the most from the strategic use of anonymity...>>

<<...Specialists and proprietary traders may use anonymity in order to: (i) prevent other traders from observing informed trades; (ii) prevent other traders from tracking their inventory position which can be an indicator of sentiment or order imbalance; (iii) prevent issuers or clients from tracking proprietary trading that may be at odds with the issuer’s or client’s interests, e.g., executing sell orders in a stock for which the broker issued a buy recommendation to a client; and (iv) avoid complaints and retaliation from other traders for entering "annoying" orders such as "pennying"....>>

http://www.google.ca/url?url=http://www.researchgate.net/profile/Carole_Comerton-Forde2/publication/227360152_Why_Do_Traders_Choose_to_Trade_Anonymously/links/02e7e51ec68bf5f9a2000000.pdf&rct=j&frm=1&q=&esrc=s&sa=U&ei=pLvrVLycEcGuggSMzYPYBQ&ved=0CBMQFjAA&usg=AFQjCNGBOQh_bUrnsaOOAbP-0KuRIuT3Yg

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