TSXV:AAA.P - Post by User
Comment by
Ethanbrodieon Dec 31, 2012 12:33am
185 Views
Post# 20782953
RE: They waited and waited and waited......
RE: They waited and waited and waited...... Here is another example of fear mongering... I actually did also follow copper fox metals and know about the company. Why did I not buy in you ask, well, because I thought that the feasability wouldn't be that great and it was worse than expected. I can't remember the exact amount they require but its in the multi billions in the remote part of north west british columbia. it is low grades with payback period of at least a decade. So yes, when you post a feasability study on much worse than expected results and you need billions in a remote location with low low grades (but a big resource) and companies shelving big projects, while small caps are finding it hard to find finance for BILLION (S), yes, the stock price will most likely plunge. AS EXPECTED
Why don't you post previous expectations from the company, and how much cash they need ?? then people will know the truth!
Ethan