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 hoghead's message

Teck's SP on a good run the last 3 days. I doubt shareholders would approve them buying out our share for a 15x SP premium

A buyout of the Schaft Creek project will be based on 25% of the project's value and will have nothing to do with the current share price of the company holding the asset.

A couple of years ago the market bid up the shares of the holding company to $2.75 when the company held nothing else but one much-less-developed and much-less-derisked project.

So not so long ago you could say that "the market" validated this project as being worth $1.135 Billion. Yes, at a higher point in the commodity price cycle, but the project is multi-cycle so it won't sold on current spot prices.

Nice try with the "premium" dis.... once again.

I think any "premium" talk from certain posters should be deleted under the repetition rule as the contention has been dismantled and dismissed sooooo many times now with no rebuttals from these repetitious posters. JMHO

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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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