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Gold/Mining/Energy : Copper Fox

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To: Hog Head who wrote (10455)4/9/2017 8:32:59 PM
From: louel1 Recommendation

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Hog Head

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Yeah I was away for the winter. Near got into some serious storm weather in Texas. Lucky I was far enough south only got some of the fringe winds and cooler weather now and then.

GOM Startup is now Scheduled last Q. I was told Wolfe wanted to be sure there was enough money to De water Lexington, Keep drilling for more resource, Tune up the mill & to collect the bulk sample.

Did not want to try starting then have to postpone everything for lack of funds. Talked to Mike last week. He said Wolfe was in Germany talking to investors to pick up the last $10M offering.

They have completed the purchase of the Greenwood Motel to insure accommodations And have picked up the balance of the Amigo mine. I get the hint they are looking at a few others. With the historical production from the area, and looking at the grades some of those efforts produced. As per the technical report on the Website. I find it hard to believe there is still a lot of mineral yet to be discovered.

It appears some of those old miners chased high grade veins till they hit a fault and with no modern drills or technology. And not being Geologists with some idea of why the vein could have been lost. Just packed up and walked away. There is a lot higher educated folks doing the chasing than 100 or so years ago.

Not to mention the technological aspect. Geo physical and mag surveys would have been considered witchcraft...
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