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Copper Fox Metals Inc V.CUU

Alternate Symbol(s):  CPFXF

Copper Fox Metals Inc. is a resource company, which is focused on copper exploration and development in Canada and the United States. The Company’s projects include Schaft Creek, Van Dyke, Sombrero Butte, Mineral Mountain and Eaglehead. The Schaft Creek project covers 56,180 hectares of mineral concessions located in Tahltan Territory in northwestern British Columbia, approximately 60 kilometers south of Telegraph Creek, near existing seaport, transportation and clean hydroelectric energy infrastructure. The Van Dyke project is an advanced stage in-situ copper recovery project located in Miami, Arizona. The Sombrero Butte project is a Laramide age, exploration stage, porphyry copper project located in the Bunker Hill Mining District, 44 miles northeast of Tucson, Arizona. Mineral Mountain is an early-stage Laramide age, porphyry copper exploration project located in the Mineral Mountain Mining District, 20 miles east of Florence, Arizona.


TSXV:CUU - Post by User

Bullboard Posts
Comment by darpa1on Oct 18, 2010 7:47am
347 Views
Post# 17575688

RE: Interesting Old Article

RE: Interesting Old Article
"Copper Fox needs to not only focus on their business plan, (which appears to be well on schedule) but also to adopt an investment relations strategy to increase their share price. Perhaps they should also consider introducing some kind of poison pill, such as the Shareholders Rights Plan of NovaGold, and also just introduced by BcMetals [TSXv:C].
An SRP does nothing to prevent a hostile takeover, but it does provide some time, usually at least 60 days, for the company subject to a hostile takeover to look for a white knight or some other method to fend off the bid and maximise shareholder value."
Hmmmm. So, back to the Teck option. Is there anything to prevent Teck from simply exercising its 75% back-in option and NOT worrying about the remaining 25% ? IF Teck did that, and just let the remaining 25% ownership stay status quo, i.e. just let CUU trade on the market, THEN what happens to the share price ? How likely is that kind of Teck approach?
Bullboard Posts