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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 sometoaston Sep 25, 2012 9:13am
493 Views
Post# 20410417

This Sucks!

This Sucks!

I read this as:

 

- we have not finished the feasibily study

- instead, we are now in the final phases of the feasibility study but will not shareholders any new information on possible dates

- so, the clock will not start ticking on the Teck buy-in and instead shareholders should expect more dilution (as if the last year was not enough)

 

Thanks a lot.  I guess when you need to hold down multiple jobs (as is the case for many members of the executive team due to pay packages of only $400,000 per year each), you should not expect full attention.

Bullboard Posts