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Gold/Mining/Energy : Copper Fox

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To: brundall who wrote (9843)	3/3/2016 8:09:59 PM
From: Hog Head	of 10654

You are right Brundall, your find is HUGE. I don't think the volume and price bump is due to general market sentiment improving. The volume started ramping up a few days ago (coincidence the letter was also dated a few days ago?), and likely some investors that found this letter ahead of everyone else and grabbed as many shares as they could without pushing the price up. Now that the cat's out of the bag - tomorrow should be really interesting. On one hand, Teck making any advancement on the EA shows their hand that they do plan to proceed, and is a big positive move for our seemingly shelved project. On the other - Teck doesn't have the resources to spend several billion developing it until after they start making a profit once again. So where is this going to go? Can they proceed with the EA approval without some kind of development schedule/commitment? This is all out of my wheelhouse - what do you think Brundall? Explorationguy? Prospekt on AG suggested they may want to let it lapse and resubmit to take advantage of streamlined rules put in place by the Conservatives. Very plausible too. Certainly going to be interesting.

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