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 Richy7's message

"Let's say Teck makes an offer and Copper Fox accept the offer. How long does it takes after that we can sell our shares for the offered price? Or when offered Teck shares, how long does it takes to receive them after CUU accepted the offer? Never been in this situation before so hope to learn more from you guys."

Normally the market will react fairly quickly and CUU's sp would adjust to close to the offer price. You can sell the CUU shares and make most of the final offer price.

If you want to wait, the offer has to go thru the Board. Once the Board has reviewed the offer and recommended it to the shareholders, shareholders can tender their shares through their brokers for cash or for Teck shares. You may have to wait until a certain minimum % has been tendered; but in this case it can be fairly swift because insiders hold a big chunk. JMO

Sorry to be redundant; I see a couple of quick fingers are ahead of my reply!

Please login to post a reply
walkingzombie
City
Alberta
Rank
President
Activity Points
2356
Rating
Your Rating
Date Joined
10/22/2011
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