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 Nav2006's message

Re: we are all blowing sunshine up our btts if we think the current share price will not alter or affect their decision in calculating the final buyout price.

This would be true except for the fact that we are 65% controlled by insiders. In a normal take over offer, they just need acceptence by the majority of the shareholders - so a % over the 3 month average share price works. However, Teck cannot do that to us because the insiders would just say no to any lowball offers. This is one of the big reasons that I'm heavily invested in CUU - we can't be pushed around.

Please login to post a reply
NotSoQuick
City
Rank
Vice President
Activity Points
1338
Rating
Your Rating
Date Joined
01/04/2013
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