swinter's Profile

swinter's Posts

Re: Volume up

I think we'll see $ 3.00 copper this year and suspect the average will be closer to that than to $2.50.  I think the projected surplus and slowdown in China were both very exaggerated.  This year I'm siding with the most bullish predictions.

over 7 years ago
Re: Incremental demand for copper in China

I think over time things have become much more clear.  Copper has rebounded nicely over the last few months, and most reasonable copper juniors have enjoyed a nice rise over that time, and over the past year with several other commodities showing signs of life again.

Unfortunately, Copper Fox has been an outilier in this category.  Although, I really don't think we're going to see the stock go below 11 or 12 cents (unless there's further dilution), the stocks also not going to go up significantly until management gets their act together and delivers on promises and timelines.  We need to see an updated optimization study - that's not heavily handicapped - and upated RE before any serious money is going to be invested in this project.  This is a real shame, as there are so many other positives, but I know I'm not alone in feeling this is the single worst investment I've ever made (so far).  I think I've been heavily invested in this company for 7 years now - I've lost track of time.  I'm prepared to wait for the promised updates in 2017, but if nothing big happens soon, I'm moving on.


I agree with you about AZ and CXM too.  The focus needs to be on Schaft Creek.  That's the only serious project we've had, and all of Elmer's promoting about the other sites isn't going to make me feel otherwise.  Show me the money!

over 7 years ago
Re: News Release

So no new news release on the updated work at shaft Creek until latter part of first-quarter 2017. Surprise surprise.

over 7 years ago
Re: Teck Earnings

 The market conditions over the last seven years have not been rosy for commodities. The main issue I have with Elmer and the management is the lack of transparency as well as the failure to meet stated objectives and timelines. I think it is very unfair to miss deadlines and no apology or explanation to shareholders. All we have in this life is our word and if you don't do as you say then in the future much of what you say it's difficult to trust and lacks the power that it once had. Elmer and the rest of the management has had ample opportunity to explain delays to shareholders as well as the lack of advancement of this project and has done swret FA in that department.  Their communication with shareholders is nothing short of abysmal. The dramatic change from the PFS to the BFS didn't win any points with me either.

almost 8 years ago
Re: Bad word filter

I guess I should have said pee away all the money?


Anyway, thanks for posting.  I guess we have to be very careful now with the language we use.

almost 8 years ago
Re: The tide is turning

I share your sentiments.  I think many of the predictions of there being a big copper glut and remaining in oversupply for the next couple of years were just plain wrong.  Some people credit Trump and his commitment to infrastructure as a catalyst for copper's recovery, but I think that's a somewhat ridiculous explanation.  The real impetus is China.  They have been stockpiling copper.  Reserves are going down.  New copper supplies have not lived up to predictions.  China's economy continues to grow, and one must remember, that even at 3 or 4 percent, year over year, that's still a huge increase in copper demand and utilization.

Even the fact that we have copper in the name of our stock may help us somewhat.  I'm not saying that's a smart strategy, but I do think that there are people who think that way.  We have a BFS and proven resource and are a lot further along than many other junior companies.  I am very displeased with management (if you can call it that) over the years, but am starting to feel more optimistic about the macro picture.  Majors like teck are starting to loosen their purse strings and look at investing in junior companies again, so I think we still have a pretty good shot of getting this company bought if management doesn't piss away what little money there is left and dilute the stock into oblivion.  For all of the people who have invested their hard earned money in this company, I sincerely hope this pays off for us in the not too distant future.  I am one of those too.

Welcome back and thanks for your thoughtful contributions over the years.

almost 8 years ago
swinter
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