Copper Fox Metals Inc.

They just filed the first quarter results. Seems to be a lot of money somewhere.

The Company's working capital was $5,042,203 at January 31, 2013 inclusive of an increase to prepaid expenses and deposits relating to an agreement on the Schaft Creek property and an increase in accounts receivable with respect to a tax credit claimed.

During the quarter ended January 31, 2013, the Company raised a total of $1,665,000 from the completion of a private placement totaling $1,500,000 and 194,118 options were exercised for total proceeds of $165,000. Additional funds will be required to complete the current planned activities and the Company may need to issue additional equity in connection with any development of the project.