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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
Post by Banger3on Sep 28, 2011 3:09pm
324 Views
Post# 19094782

Reasons for volatility

Reasons for volatilityThis has been gone over ad nauseaum, but the following was an answer to my friends question...The question was:Hey buddy, any idea why CopperFox continues to slide even though their key guys are buying extra shares issued at 100% and their mineral deposits have identified higher deposits than initially thought.....I was assuming both of these as good signs for consumer confidence, but sales seem even higher with these announcements...am I missing something?The answer was: 1) Correct on all counts as those items are positive : insider buying, increased mineral deposit, and large partnership with Teck Cominco. Key points to consider : 2) Commodity prices including copper have come off 20-30% from their 2011 highs. All stocks that have exposure to their respective commodity are off anywhere from 25 to 50%. 3) Continued problems in Euroland have reduced global risk appetite over the last +3 months. The junior sector generally gets hit the hardest as those companies have no cash flow and are usually speculative in nature. Other factors as margin selling, selling losers to keep winners, etc can impact an investors decision on what stocks to keep or let go.Long and strong people!The end is nigh...
Bullboard Posts