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Gold/Mining/Energy : Copper Fox

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To: cpac who wrote (8827)	12/22/2014 1:08:55 AM
From: louel	of 10654

The biggest draw back here is the size of the share Float. 25% less royalties. Each share you hold represents only 1/ 413 Millionth of that 23.4% Magnifying that x 4 for the total resource it equates to 1.652 Billion shares for the Shaft creek deposit. Absurd to think the payout per share could be significant. That is more shares than Freeport Mac who produces 9% of Worlds Copper who has 1B shares. Or Barrick the Worlds largest gold miner operating in 4 continents and a share count is still less at 1.2B. shares Over twice as many shares as Teck's total of 566M. That float size spread over the small portion held by Copper Fox after the J/V back in. Is the killer to any big payday for retail share holders.

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