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: Spectator on the sidelines

My investing strategy with this stock was to average down in the slow times and then swing trade the price spikes I showed in an image in a June 4 post. I certainly wasn't going to rely on this management to achieve any results. The challenge was the share price continually dropping each year which required more investment to be in reaching distance. I had made a few minor trades in the last few years but finally got my average below 15 cents in two accounts. After the spike that started around July 13 I started selling( at a profit) all but 10% of my shares, which I intended to hold pending news. Then I did some math and found I could double my ROI to 25% if I sold those shares so I did that this morning. I took the certain profit against an uncertain future. Everything I've read from Teck and Copper Fox suggests to me that nothing will occur this year for Schaft Creek so it's potential will have to wait another year. If I'm right then there will be another opportunity to buy in at a much lower price than my previous average. If I'm wrong then I missed an opportunity but still have my profit. I'm disclosing so people are aware on future posts that I don't have any shares. I'll certainly watch the news release about the SC program and then decide if I want to continue following this saga. 

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