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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 kingcarteron Mar 06, 2011 11:14am
432 Views
Post# 18240261

RE: Teck

RE: TeckIf Teck were to move it "wayyyyyy down" before making a move there would be hell to pay as this sort of price manipulation is against regulations.

Not to say that it wouldn't happen, but if it were as noticeable as you are implying there would be an inquisition. And I don't think Teck would think it worth the hassle just for us.

Additionally, you're right, management could sell for 2 bucks ... or they could not sell because they know what's in the ground (I suppose more to the point they think they know) and the know it's worth a hell of a lot more than $2.

Next, please present evidence of Teck ever doing this in the past.

There are a lot of plays worldwide, but, when there's more infrastructure set up already, etc, those plays are more expensive. Just because there are more worldwide, doesn't mean anything, that's a red herring.

Plays get taken out for a variety of reasons. Teck just so happens to have a relationship built with this company already (remember, Teck used to have Shaft Creek ... companies often sell off some of their prospective land to let the little guy take a shot at it ... that's what happened to Voltas's Kiaka in Burkina Faso).

Regardless of a copper bubble bursting, this project looks to have high grades, one can safely assume higher at depth (that's what always happens) and it's a very low cost producer due to bye products. Just because a bubble bursts (assuming it does), doesn't mean everyone goes tits-up. Low cost producers will remain intact. Shaft Creek would be profitable at much lower Cu prices. Having $5 copper is not a requirement to stay in business.

I don't know ... maybe you plan is to fear-monger. You have no basis for your claims and they are based on hypothetical situations that have not proven to be the norm. The level of fallacy in your posts is palpable.
Bullboard Posts