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Gold/Mining/Energy : Copper Fox
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To: sense who wrote (9098)1/15/2015 4:59:29 PM
From: dsikorsk5 Recommendations

Recommended By
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Gordy Sez
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Fair enough.

However, your assumption that I equate honor with whether one hold's shares is a false one. I actually couldn't care less whether people hold shares or not on this board. What I do care about is the constant reminder by those that don't of the impending sense of peril they seem to need to keep reminding us of. This is also not a double standard because the constant reminders by those that hold shares that the "train is leaving the station" are equally irritating. I have researched this company thoroughly and I'm well aware of the risks as well as the potential rewards. The constant reminders of the same points over and over again are tiresome. The horse has long been beaten dead and they are simply dragging a dead corpse around the board at this point.

On the contrary, your point that this is an under-performing loser is a true statement which one only has to look at the price chart to confirm. Yet at this point I could care less if this company had lost me 50%, 70% 90%, 95% or 99% at this point. What I do care about is where the price is headed from here and whether I value the company above or below the current share price. I see moderate risk of dilution at this point which I have expanded on in the past. However does this risk warrant a value of Schaft Creek of $200 million? Our current market cap is $50 million dollars today; that is another irrefutable fact. I buy and sell my shares based whether I feel they are overvalued or undervalued not because the share price is trending in a certain direction. I have a 3-5 year horizon (if not longer) in which I am looking to make a profit. The share price is 10-15 cents. If this goes down to a nickel for 6 months it does not matter to me. What matters is where I believe the share price will be in 2018-2020. To me this is getting down to attractive price levels. Everybody and their mom hates this stock, nobody wants to touch it. Every other person tells me to stay away because they have lost so much money. The worse the attitude the more appealing this becomes to me as a contrarian. I don't want back in this when everybody likes it again because the share price will be many times higher, that is the time I plan to sell. The lower the share price the less risk I see as there is only so far it can go before it goes to zero. It was a costly lesson to be a CUU holder but markets work and they are the reason we sit at these levels. I more than welcome new insights, but the constant repitition of the same points is not necessary. That was the only point I wanted to make.

JMHO. Cheers.
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