RE: RE: In 2007 the Fox was at $1.50I did some digging as of January 15, 2008 there were 91 million shares outstanding with a market cap of only $70 million.
https://www.copperfoxmetals.com/i/pdf/AIRoulstonJan2008.pdf
The #1 thing I am trying to point out is do not fall into all the hype that is posted on these boards, remember at the end of the day this is still a penny stock and there are still many road blocks ahead.
There are plenty of resources in the ground here and the stock price will likely increase significantly in hopefully, the immediate future. I am only concerned with the current market cap of CUU which is close to $300 million for a mine that has not even been developed yet. If TECK or any other major were to come in and takeover how much more can CUU be worth realistically this is the millon $ question. Of course there will have to be some sort of discount factored into the takeover price given that the risks will shift solely to the major. Given this I realistically cannot see this company having a market cap over $1 Billion. Again there are many other things that need to be factored in that I myself do not know but I would play close attention to the overall market cap b/c I cannot see it running up in value 2-3 times more.
amartino85