RE:RE:RE:RE:RE:RE:RE:RE:Copper Fox is pleased to announceSophia123 wrote: Hiya Foxyroller!!! I hope you are havin the BEST day!!!
Copper fox MAYBE able to sell 25% interist in Schaft creek for FAIR PRICE.
But that FAIR PRICE is 3% less valuible today than it wuz before last PRIVATE PLACEMENT.
Plus 2 or 3% LESS than the PRIVATE PLACEMENT last June an so on and so on.
How maybe ZILLION wayz are you gonna see 25% interist in Schaft Creek split??? Minus the amount of ANY LIQUIDITY EVENT kept to pay salaries and to plow into the sand in the desserts and stuff.
Gonna need ANOTHER PRIVATE PLACEMENT to fund low low grade Eaglehead IF they do not loose it.
That dilution monstor IS eatin away at the FAIR PRICE no doubt huh??? Plus inflation. Do NOT forget about inflation. EWe!!!
Have the BEST day Foxy!!!! YeAH!!!! ^_^
Yeppers, more and more shares is never a good thing. Foxybagholder living in fantasy world thinking a buyer will pay many hundreds of times premium to the share price, when the historical buyout average premium in the mining space is only around 30%. AND THEN after buying out hundreds of millions of shares, they then have to spend Billions to build the mine itself. And we all know the IRR isn't that great, and the Payback period is long. 'Tis a shame the negative 0.32 copper cost and Salizar Agreement went POOF GONE. As Grant and many others pointed out, it was the reason the majority invested in the first place.