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: Mid to late summer - Stomper
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Jul 06, 2012 12:38PM
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Jul 06, 2012 05:04PM
The CVE market is manipulated more than any larger market, but this manipulation is not entirely done on purpose as part of some giant conspiracy. It is partially a result of a great many small investors and small firms who buy and sell based on technicals, rather than fumdamentals. Technicals look bad so everyone sells. Although, as with all markets, fundamemtals eventually set the price range, there is simply more volatiity in the meantime. With CUU, Elmer has simply ignored this short term volatilty because he can. He has EE standing by to provide all the needed financing. The lower the SP, the happier EE is. That said Elmer simply is not going to negotiate based on current market sentiment as expressed in the current SP, IMO. The buyout will be negotiated based on the FS plus all the other geological info. Including the magnetic surveys, again, IMO. From a practical standpoint, CUU is closer to a private company than to a classic CVE junior. This is, IMO, a rare opportunity. EE and ES simply do not care what the pundents, newslatter writers, etc. say, write or think, again, IMO. I will let those more knowledgable in mining and geology guess what that price might be after all the info.,including the FS, is released. However, I am certain that it will have nothing to do with today's or any other day's SP. Rip
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