RE: RE: Valuation - revisedI did leave out the 55 million we have spent only because I'm planning for a buyout and the 55 million is paid back assuming Teck buys back in for 75%. Also I didn't count the 800 meteres because we have no idea at this time if it is significant until the official release. In addition, Gold, Copper, and Silver have all increased in value but Moly is around 50% of what it was worth in 2007.
Also, 25% cannot be used for a valuation as after a 75% buyback the most Copper Fox can control is 22.5%. I do however agree that the insiders have a great idea and I trust in them at this time. We can all agree that this stock is undervalued but until the new resource estimate comes out the most buyout we can assume to receive is $1.41 a share. Also, a buyout will not happen at this time unless it comes directly from Teck, but given the agreement regarding the Laird shares, Teck may not even think of buying CUU out until after the feasability.
I think after the resource estimate we could be pushed into the $3-5 valuation range. I'm in for the long reward. GLTA.