Copper Fox Metals (TSX: V.CUU, Stock Forum) shares jumped 16% to 18.5 cents on Monday. While there was no news from the company, on Stockhouse Bullboards poster vette350 pointed to some recent insider buying. During the month of March, one director bought about 1.1 million shares of Copper Fox on the open market at prices between 15.5 cents and 20 cents a share.
Copper Fox Metals holds rights to acquire up to a 93.4% interest in the Schaft Creek Project in northwestern British Columbia, which hosts a measured and indicated resource of 1.4 billion tonnes containing 4.76 billion pounds of copper, 4.5 million troy ounces of gold, 32.5 million troy ounces of silver, and 255.2 million pounds of molybdenum.
For more information on Copper Fox, fatboys re-posted an article that gives a good background on the company.