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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 Sep 26, 2011 5:44pm
256 Views
Post# 19085844

RE: 12 cents to go and I am in the red

RE: 12 cents to go and I am in the redIt definitely does NOT cost peanuts for Teck to back in. If Teck were to make the same mistake with CUU in respect to timing that they made when they bought Foarding Coal just before the 2008 recession, their shareholders would hang CEO Don Lindsay from a rope. Now way is Teck going to back in with CUU now. They've lost over 50% market cap in the past 8 months. Commodities are down, China demand is down, zero job growth in US, Europe is a mess of defaults (Greece, Italy, UK, etc). You're delusional if you think Teck is going to back in with CUU now. They learned the hard way last time when they committed cash just prior to a recession with the Foarding purchase. They will not make the same mistake twice. The only way is if it's one heck of a low ball offer. You won't see CUU trade above $2 anytime soon, if ever again. I've been bang on in my calls regarding the markets and CUU. (go back and look at my accuracy from my posts in the spring) 100% correct in my predictions.
Bullboard Posts