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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Re: Teck sells another asset

almost 9 years ago

in response to golfyeti's message

Total invested $600 (interest for two months)

Net profit of $1,666,000

ROR of 2,776 TIMES your money

Do only what you firmly believe in or know. DYODD

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Should be total gambled $100600, you are disregarding the risk on the principal.

This sounds like folly to me, but everyone has their own risk tolerance I guess?

I wish someone would buy a $100k it would prop up the SP.

But imagine the flip side - what if Teck shelves it for 5 years or more?

That is a possibility (hopefully not), but a risk regardless.

What if the unthinkable happened and we couldn't spin off and EE wanted shares for his cash infuson? Stranger things have happened, and then you are up a creek trying to pay off a $100k mistake.