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

To: Tap66 who wrote (10168)	4/25/2016 12:57:18 PM
From: dsikorsk	2 Recommendations Recommended By mudguy specboy2012 Read Replies (1) \| Respond to of 10654

Pat, Seriously, go do some due diligence here and make your own decision how high the stocks they are suggesting will go. Don't rely on what other people say. Read the financials, read the PEAs, PFSs, resource estimates, evaluate the political risk, management, cash burn, etc. Make a decision based on that and what you think the assets of the company you invest in are worth and whether they are trading at a premium or a discount. The same goes for any stock really. These guys aren't here pumping, this isn't a repeat of Vette and copper fox pump and dump promising pie in the sky returns. I also own IVN and have been accumulating over the past 2 years under $1, but I'm done preaching to people about my investment ideas. There are no sure bets out there, I learned that lesson from CUU (and I'm actually glad I learned it early in my investing career, it was a costly one but I won't make the same mistake again). Get in low, don't chase the stock, take profits when it goes higher than you expect it to and if the reason you chose to own it disappears sell it ruthlessly... There are many plays out there, Copper fox isn't the centre of the universe (contrary to what these boards may have you believe). Cheers.

To: Tap66 who wrote (10168)	4/25/2016 1:02:20 PM
From: mudguy	2 Recommendations Recommended By dsikorsk Tap66 Read Replies (2) \| Respond to of 10654

It is a development company with a bit of exploration still ongoing, so the normal metrics of valuation are not really indicative. Based on where they are now, I could see a $5B market cap if everything comes into play. That would be a below-industry multiple. They have top-tier management, cash to advance, and they have deep-pocketed partners from Japan and China. Kamoa alone has 44B lbs of Cu at a grade of c. 2.3%. They have identified new units where the grade is even higher that they are doing "accelerated drilling" on. Kapushi is almost certainly the richest Zn deposit known. They call the deposit "Big Zinc", but the numbers are astounding. This is a company that knows how to create value. I don't think it is a short term gain (notwithstanding the possibility of a pop on news), but I think I will probably sell my shares at multiples from here. As Louel points out, waiting for IVN is a very different prospect compared to waiting for CUU. In every conceivable way.