Copper Fox Metals Inc.

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM Copper Fox Metals is a Canadian-based resource company focused on developing the world-class Schaft Creek Project in northwestern British Columbia.
in response to Rock_ Pile's message

Formatting issues there.... but I did say that first part. One too many rye's last night I think. Feeling a little better today. To make it up to y'all...

Say, did you all know that bankers these days are competing fiercely for your home-equity line of credit business? Many will cover set-up fees and legal fees, prime plus next to nothing, interest only payments, and they'll even pay your discharge fee if you'll move an existing mortgage.

$100,000 line of credit (to top-up CUU) will cost you less than a $300/mo payment. It's tax deductible interest so the real net after-tax cost is closer to $200/mo. Assume a 2-month investment period and the total out of pocket investment from you is $400.00 (after-tax).

A Schaft Creek buyout at $5 turns the $100,000 into $400,000. Repay the $100,000 loan and you may have guessed it by now....

You just turned $400 into a $300,000 profit in two months. That's 750 TIMES your money. Do the math for yourself.

Yup, I'm thinking much clearer again.

Please login to post a reply
golfyeti
City
Rank
Vice President
Activity Points
15006
Rating
Your Rating
Date Joined
10/21/2011
Social Links
Private Message
Copper Fox Metals Inc.
Symbol
CUU
Exchange
TSX-V
Shares
439.1 million FD shares
Industry
Metals & Minerals
Create a Post