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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?


To: brundall who wrote (9453)4/8/2015 11:00:32 PM
From: louel  Read Replies (1) | Respond to of 10654
 
Thank you. Bang on ! we're on the same page. I had thought you were somehow suggesting Copper Fox had already already had the value in hand with future spending yet to come.

At 39M + the 2 remaining $20M installments divided by 413M shares don't sound that great. Just over 19 cents ? They better turn up more value than that or a whole pile of folks will be royally screwed.


If CUU decides to be a partner all the way. There will be over a billion dollar debt + accumulated and ongoing interest to be repaid out of their 23+?% after royalties , before they collect a cent. At prime +2 The interest factor alone will be mind boggling.