Hello Fellow CUU Investors.
I am a long time holder of shares in this company and have been through the highs and lows over the past few years. I have debated whether to post to this site and finally decided to sign up and add my 2 thoughts.
First of all I agree that the upcoming drill results will be a catalyst to move us in the right direction. Prior to the release of these results we will see appreciation in the share price, albeit muted. The real upside will occur when the results are released and then the fun really begins. These results will be a game changer we have waited so long for. I can hardly wait! I am confident enough to have recently added to my position.
I believe Teck expects the results to be very positive and even though it is a relatively small investment from Tecks perspective, it will prove to their shareholders that making this deal with Copper Fox was a great investment. The results will also precipitate Teck in making a very good offer for the remainder of our interest in the area at a very nice premium to where we are at today. Others will also be interested. I can easily see our share price being close to 3X where it is today in the not too distant future.
As you can tell I am very optimistic and can hardly wait for the results. The reason I added to my share count, at this time, is that it appears we have finally reached bottom and have started the ascend upwards. Good luck to all.
Ceasar51