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Gold/Mining/Energy : Copper Fox

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dsikorsk
From: louel9/13/2016 12:27:55 PM
1 Recommendation  Read Replies (1) of 10654
 
Been a pretty tough week in the markets. Sherritt Intl. (S) holding steady , IVN relentless in it's rise rising the high side of the bb bands. Great resource, low labor cost and substandard environmental regulation attracts the development of major undertakings. I doubt it would be proceeding at the rate it is under the conditions we have in BC or the rest of Canada for that matter. They would still be waiting for a review of the first permit to begin.
The average time frame for a property to come to production in BC from exploration to operation is 18 years. No wonder many prefer other jurisdictions

AMK this morning reported over 3000 GPT silver from their new blast. Due to location they may have a great potential property. But it is split between 3 companies. TUD, TUO & AMK TUD being the operator.

Copper Fox of course like usual news releases are on the insignificant projects. In my opinion the CXM suspense story equals those written by Alfred Hitchcock.

Teck LQ at +.03 cents EPS great how they are holding up but I doubt they are ready to undertake any High cost, long term construction or development projects at present. They still have to finish Ft. Hills. A year or two out, when profits from there start coming in it may they may announce another project. Will it be the Frontier or the acquisition of a turn key project like Lindsay suggested they would be interested in ?
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