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: While we wait
2
Feb 18, 2012 11:50AM

Perhaps the stalled share price is a result of the "calm before the storm" type situation that we have right now.

We all have been very lucky to have such knowledgeable posters give our DD a boost and perhaps we take it for granted. However, the majority of shareholders (outside of insiders of course) are depending on their own due diligence and their interpretation of the Teck agreement.

As we saw this week, there are likely many shareholders who think Teck opting to not back in would leave us high and dry - we know differently. 100% ownership in Schaft Creek would be equivalent to winning the lottery for us - it will likely not happen.

Some may think a ~25% ownership in Schaft Creek is peanuts, perhaps they are not aware of Teck's responsibilities after agreeing to opt in for their max amount? (4 year window, 4xeligible expenses). It all points to Teck wanting to buy that ~25% from CUU. CUU has every intention to sell too, they are not miners.

The impression I get is that a lot of would be investors are sitting on their hands at the moment, waiting for the BFS... waiting to act at that time. As CUU's stock price usually goes down after major news, the perception out there is likely that we will be able to still buy after the BFS is released at a decent stockprice (if not less than the current price). I think they'll be surprised.

How many of these casual investors truly understand the impact of the BFS?

I guess I might be too trusting, maybe the stockprice is being manipulated.

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