Totally agree. I made a comment like that a year or so ago and got slaughtered for it saying that he has put 5 mines into production.

That does not matter one bit when this project is completely off the rails. There is no direction from the company on the steps left until the liquidation event they still talk about on their web site.

He will now be forced to sell VD first to at least get all the ticked off investors listening to him again. Since we own 100% of that it would be the best of a bad situation. Otherwise making us wait until SC is sold, then runs the chance of 0% of us following him to VD or Eaglehead. Who in their right mind would after this fiasco?

He needs a clear plan.....and i mean crystal clear plan of the next steps. The only flickering light is Ernesto down millions of dollars as of today. That has got to sting. Why does he not just settle and take $1.00 to $1.50 per share for the project and get on with more lucrative plays?

All the best to everybody and their family.

December 21, 2015

Copper Fox Announces $1,650,000 Non-Brokered Private Placement and Closing of the First Tranche of $500,000

CALGARY, ALBERTA--(Marketwired - Dec. 21, 2015) - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX VENTURE:CUU) is pleased to announce that it intends to complete a non-brokered private placement (the "Offering") to raise up to $1,500,000 in flow-through funds (the "Flow-Through Funds") and $150,000 from the sale of common shares on a non-flow-through basis (the "Non-Flow-Through Funds"). The Offering will consist of 8,823,529 flow-through common shares sold at a price of $0.17 per flow-through common share and 1,153,846 common shares sold at a price of $0.13 per common share. The flow-through common shares will be 100% eligible for "Canadian exploration expenses" (CEE) as defined by the Income Tax Act (Canada).

The Company has agreed to pay a finder's fee payable in cash to Secutor Capital Management Corporation at closing equal to 5% of the gross proceeds raised in the Offering.

The first tranche of the Offering closed today raising gross proceeds of approximately $500,000 from the issuance and sale of 2,941,176 flow-through common shares at a price of $0.17 per flow-through common share.

The second and final tranche of the Offering is expected to close no later than December 31, 2015.

In accordance with applicable securities legislation, securities issued pursuant to the Offering are subject to a hold period of four months plus one day from the date of the completion of each respective tranche of the Offering.

The Flow-Through Funds generated from the Offering will be used by Copper Fox to subscribe for flow-through common shares in its wholly-owned, direct subsidiary Northern Fox Copper Inc. ("Northern Fox"), which will in turn use the Flow-Through Funds to subscribe for flow-through common shares in its partially-owned, direct subsidiary Carmax Mining Corp. ("Carmax")(TSX-Venture: CXM) through a subsequent private placement in Carmax (the "Carmax Private Placement"). Carmax will use the Flow-Through Funds to incur Canadian exploration expenses on its Eaglehead Project located in northwestern British Columbia during the 2016 calendar year.

The Carmax Private Placement constitutes a "Related Party Transaction" under Policy 5.9 of the TSX Venture Exchange which adopts Multilateral Instrument 61-101 ("MI 61-101") as a policy of the TSX Venture Exchange. Copper Fox intends to rely on the exemption from the application of MI 61-101 provided for in Section 5.1(g) of the instrument (downstream transactions). In addition, Carmax intends to rely on the exemptions from the valuation requirement and minority security holder approval requirements in Sections 5.5(c) (distribution of securities for cash) and 5.7(b) (fair market value not more than $2,500,000) of MI 61-101, respectively.

The Non-Flow-Through Funds will be used by Copper Fox to fund working capital and for general corporate purposes.

The Offering remains subject to the final approval of the TSX Venture Exchange.

About Copper Fox

Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSX-V: CUU) focused on copper in Canada and the United States with offices in Calgary, Alberta and Miami, Arizona.
Copper Fox has four primary assets with associated resources and reserves as noted below:

1. 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia.


2. 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona.


3. 50.97% of the shares of Carmax Mining Corp. who in turn own 100% of the Eaglehead copper-molybdenum-gold project located in northern British Columbia.


4. 100% ownership of the Sombrero Butte copper project located east of Mammoth, Arizona.

For further information on these projects, please refer to the Company's website at www.copperfoxmetals.com.

On behalf of the Board of Directors

Elmer B. Stewart, President and Chief Executive Officer

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States. The securities described in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. This news release is not for distribution in the United States or over United States newswires.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release include, without limitation, statements about: the expected size and terms of the Offering and the use of the proceeds therefrom; the anticipated closing time of the second tranche of the Offering; the payment of finder's fees by Copper Fox in relation to the Offering; the Carmax Private Placement; and the exemptions in MI 61-101 intended to be relied upon by Copper Fox and Carmax.

In connection with the forward-looking information contained in this news release, Copper Fox and its subsidiaries have made numerous assumptions. Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein.

Known risk factors include the possibility that: final approval for the Offering will not be obtained from the TSX Venture Exchange; the Offering and/or the Carmax Offering will not complete at the times or in the amounts expected, or at all; the exemptions intended to be relied upon by Copper Fox and Carmax in MI 61-101 may not be available; and Carmax may not incur the necessary Canadian exploration expenses within the time required under the Income Tax Act (Canada).

A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

It looks like we are close to the bottom with 3.27 million traded so far of TCK.B shares.

Maybe market sentiment is improving.....just maybe?

http://www.bnn.ca/News/2015/12/16/For-some-on-Wall-Street-energy-stocks-are-back-in-favour-for-2016.aspx

Copper Fox Metals Inc.

November 27, 2015

Copper Fox Responds to Alleged Wrongful Dismissal Claim

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2015) - Copper Fox Metals Inc. (TSX VENTURE:CUU) announces that former interim CFO; C. Henderson has filed suit against the Corporation for wrongful dismissal.

The Company believes the allegations set out in the Statement of Claim to be without merit. The Company will vigorously defend itself against this claim and is presently considering all available actions that it may take in order to protect its rights and reputation, including seeking damages.

About Copper Fox

Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSX VENTURE:CUU) focused on copper in Canada and the United States with offices in Calgary, Alberta and Miami, Arizona.

Copper Fox has four primary assets with associated resources and reserves as noted below:

1. 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia.


2. 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona.


3. 50.97% of the shares of Carmax Mining Corp. who in turn own 100% of the Eaglehead copper-molybdenum-gold project located in northern British Columbia.


4. 100% ownership of the Sombrero Butte copper project located east of Mammoth, Arizona.

For further information on these projects, please refer to the Company's website at www.copperfoxmetals.com.

On behalf of the Board of Directors

Elmer B. Stewart, President and Chief Executive Officer

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release include statements about Copper Fox's strategy, future operations and the plans of management. Information concerning mineral resource and mineral reserve estimates also may be deemed to be forward-looking information in that it reflects a prediction of the mineralization that would be encountered if a mineral deposit were developed and mined.

In connection with the forward-looking information contained in this news release, Copper Fox and its subsidiaries have made numerous assumptions. Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein.

Known risk factors include; statements about Copper Fox's strategy, future operations, prospects and the plans of management.

A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

CONTACT INFORMATION:

Copper Fox Metals Inc.
Investor line
1-844-464-2820

or

Copper Fox Metals Inc.
Lynn Ball
1-403-264-2820

First and foremost I want CUU to succeed just as much as everybody here.

The 5 gold mines he brought to production has weight, but not much, maybe 10%.

Being in construction, we define a successful project by:

Cost: What is my ROI. So far we have invested a lot more into it that what we have made as shareholders

Scope: They have not clearly communicated what needs to be done between now and the liquidation event. After the optimization is complete will we then sell to Teck? When are we putting our 25% up for sale?

Schedule: Prior to the JV how many target dates were met? Let's leave it at that.

Quality: Communication to Shareholders is sub par, the presentations are quite well done imo, but in the end they have not marketed themselves well in generating attention to other investors.

Just because the Leafs have won cups in the past does that account for anything? Yes, but very little as the market changes. If you can't change with it then success is very hard to achieve.

There is a ton of potential here. I don't argue that one bit. It is how we are executing what needs to be done between now and the end.

GLTA

My thoughts are as usual with their NR's:

Vauge, muddy, along with a complete lack of direction.

I really don't think they have any idea of what sucess looks like. If they do, they certainly don't know how to communicate it to the shareholder.

f.  The results of geotechnical, comminution and electrical optimization

    studies are similar to those presented in the feasibility study

    completed in 2012

 What about optimization of the waste rock, forex, capex?  All have significantly changed.

Construction equipment is significantly cheaper,

Labour is more available,

Construction material is cheaper,

Fuel is cheaper,

If my team ever lacked this direction on what needs to be done to complete a project, they would all be fired.

On a positive, the optimization studies will be complete by Jan 1, 2016 with the PEA for VD targeted by Nov. 30.