Don’t believe the mumbo jumboand half truths posted by the resident, self-proclaimed “expert” on the other site. For starters, the measured and indicated categories, using his own numbers, increased by about 10% from 2013 FS to current. So want does the bozo do to minimize the impact? He adds in the inferred, which are a lot less valuable than the measured and indicated. As if that wasn’t enough, he adds in a fudge factor of 249 Mt to 2013 FS to get a total of 2075 LMAO!
We all know math isn’t his strong suit; we all remember how he was sweating bullets last summer trying to explain his “huge” 25% profit after he sold his entire position in copper fox. All his profit ended up a measly 3 cent per share, just months before share price moved up 30 cents per share. Talk about karma LMAO!
Then he mentions that the same NSR cut-off is used as currently displayed on copper fox website; as if nothing too see here, move along. What the “expert” fails to tell everyone, is that the current NSR dropped a lot from the 2013 FS NSR cutoff ($4.31 vs $6.4) which will have a huge impact on the upcoming SC PEA IRR and NPV numbers! Anything on his part to minimize potential! We would not expect anything less than that from someone with ZERO shares LMAO! If he would promote copper fox, then the next logical question would be why don’t you own shares then? And he would just be quiet with a stupid look on his face LMAO
Even more funny are the lemmings that never question his posts and some even followed him in selling their shares or stopped from buying the cheap ones last year.