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%)

Free
Message: Hi from Arizona

Congratulation chunky, and like you, I will be heading North from Arizona in a few months

Good post

Like you, I would settle for $3 but would like the surprise to the upside

One thing bothers me a bit about Ernestos total control on sellout price

He can set any price that works for him

And he really has no choice but to fund us through BFS

Ernesto is pretty limited in how he can monetize his shares though

He must rely on a buyout, or similar control changing transaction to unlock the value of those shares he acquired for pennies

We can only hope that there really are going to be several offers for our interest

Don't know his average price, but assuming its around .25, he may not look askance at a quick transaction that takes a mountain of shares off his hands that nets him a 10 bagger......

Frankly this is the only possible negative scenario that comes to mind, but, just sayin....

Share
New Message
Please login to post a reply