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Gold/Mining/Energy : Copper Fox

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Panthergirl

Underhill69

To: LiveLife who wrote (9913)	3/10/2016 8:18:26 PM
From: brundall	2 Recommendations of 10654

Well think about it logically Foxy.....in order to finance their plans at Van Dyke & CarMax and to pay expenses for the remainder of 2016 they need around $20 million. At the current 15 or so cents per share that would mean issuing 133 million new shares and raising the outstanding share count to a monumental 550 million or so. Roll back shares 10 to 1 and their outstanding share count after raising $20 million only rises to around 55 million. Dilution of over 30% is inevitable in the near future under both scenarios but a post rollback Copper Fox would be in a much stronger position moving forward when they need to raise money again in 2017/18 A post rollback Copper Fox (after the dust settles) would be a great investment opportunity imo but only if they still owned 25% of Schaft Creek.

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