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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 Nov 16, 2011 11:28pm
272 Views
Post# 19243890

RE: RE: what is our 25 worth

RE: RE: what is our 25 worthDon't kid yourself. CEO of Teck, Don Lindsay, learned a valuable lesson when he bought Foarding Coal just before the recession hit in 2008. Don Lindsay is not going to overpay for CUU. So, if you think you are going to get a backin from Teck at a price several hundred percent over current market price, you are delusional. What will likely happen is Teck will make an offer to which CUU will reject and Teck will walk away. Teck has other projects in the works. They have other options. They certainly will not do business with a gun pointed at their head, and as I said before, they will definitely not overpay for CUU if they do decide on backing in. That I can guarantee. Some of you thinking that you are going to get $3 plus for your CUU shares are in dreamland.
Bullboard Posts