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: Sp
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May 25, 2024 12:31AM
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May 25, 2024 08:47AM

How many will now consider selling at 0.65 next time?

If there's a potential buyer behind this, sounds like a good strategy to make a first pass up to the 2021 high, stop the buying pressure knowing that there's no other buyers, buy more shares on they way down and eventually bring it back again to 0.65, where psychology will kick in hard, due it being the 3rd time and gobble another load of shares before making an offer, leaving many behind.

And this is precisely the problem. Next time, we'll all be facing the conundrum of whether we cash out in the mid-60s. Precedent weighs heavy.

It's compounded by the long, long wait we've had to endure and the lack of consequential news. No Schaft Creek meta studies. No excercising of the ROFO. No buyouts of other properties. No significant drill programs with results that get any attention. 

Of course we're growing desperate for some upside. It's no wonder longs are becoming tempted to sell. Some are growing old, never imagining sitting here on May 25, 2024 with a 22.5 cent share price DESPITE copper in the $4.75-$5.16 range for months!

I blame management and always will. There is no way our pounds in the ground and potential bonanza could have been handled any worse over the past decade. It's such a waste of time and investment dollars. 

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May 25, 2024 11:38AM
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