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Copper Fox Metals Inc V.CUU

Alternate Symbol(s):  CPFXF

Copper Fox Metals Inc. is a Canadian resource company focused on copper exploration and development in Canada and the United States. The principal assets of the Company and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. Its other projects include the Eaglehead Project, the Sombrero Butte Project, and the Mineral Mountain project. Eaglehead is an advanced exploration stage polymetallic porphyry copper project located about 50 kilometers (km) east of Dease Lake in the Liard Mining District, British Columbia, within Tahltan territory. Sombrero Butte is a Laramide age, exploration stage, porphyry copper project located in the Bunker Hill Mining District.


TSXV:CUU - Post by User

Bullboard Posts
Comment by Rudee.on Nov 21, 2011 4:08pm
230 Views
Post# 19255362

RE: Take overs and buyouts

RE: Take overs and buyoutsI agree with that assessment. Some people here will say that there is no way CUU will accept a buyout below $3, because CUU has traded over $2.70 before. They fail to understand that previous 52 week highs mean nothing when it comes to a buyout offer. For example, AVM was bought out recently for $8 a share, which sounds good, but in 2008 it was trading at $20 a share before the recession hit. So, what you used to trade at doesn't mean bugger all when a buyout offer is tendered. I can also provide tons of examples of companies who were bought out considerably below their previous highs. CUU is no different. People who think Teck is going to offer $3 or more need to give their head a shake. The big bosses at Teck are far too smart and they will low-ball CUU or walk. Simple as that.
Bullboard Posts

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