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Gold/Mining/Energy : Copper Fox

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To: CanadaGrant who wrote (9281)	3/13/2015 3:00:28 PM
From: louel	Read Replies (1) of 10654

Its not to influence Teck the warrants were extended for. It is to try and keep shareholders who are here because of Shaft Creek from bailing. The cost is simple filing fee. They need the share price as high as they can when applying for a PP. With price being pushed up I expect it is for an up coming financing. And a bit of accumulation to sell on both news releases from the JV and Teck in April. Teck could care less what Cuu or Ernesto thinks the valuation is worth. They will pay what they believe I is fair value by their own assessment. If that is not acceptable then it can sit on the sidelines with minimal yearly expenditures for God knows how long like Galore. They are now seeking acquisition of an in production facility which will support their copper production in the coming years rather than build. If that does not wake people up. I don't know what will. This years work program whenever announced will shed a better light on how rushed they are. Galore the average spending since it was curtailed. Other than last year was around $10M. Lindsay has stated time and time again he won't over pay. That is not only directed at CUU but also Nova Gold concerning Galore. Which NG wants to sell to help fund their J/V Donlin project.

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