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.
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in response to dwayner111's message

even in talking with Elmer, has said he doen't want to go this route.

Dwayner, but he might have to if Ernesto is not getting a satisfactory price. Who knows, Ernesto might just be patient enough to wait for production and hence a more realistic valuation.

If Ernesto is only getting offers of $1 let's say, but knows he'd get closer to $5 in 4 years near the start of the mega-mine he envisions, well then Ernesto will like the ROR he sees, ie. 500% over 4 years, or 50% p.a. compounded, and may think this slam-dunk 5-bagger ($900 million extra) w/b worth the 4-year wait...

Maybe he has already charted out the discounted value of $5/sh from 2018 backwards and will accept something above that trend line at any given time. I can only hope such an offer comes in soon. As nice of an end result $5 would be for me, waiting 4 years for it will finanically ruin me well before seeing the finish line.

Chunky, thanks for great post. Glad to hear you think the outcome will reward us, just wish your prediction included the "soon". ;)

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golfyeti
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10/21/2011
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Copper Fox Metals Inc.
Symbol
CUU
Exchange
TSX-V
Shares
439.1 million FD shares
Industry
Metals & Minerals
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