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


To: mahzman2 who wrote (10318)8/25/2016 2:49:26 PM
From: louel  Respond to of 10654
 
I don't know what others see. For myself nothing was offered which would cause me to mortgage the farm. Never even mentioned CXM claims fiasco. Perhaps it is something they would like to forget about. The report appeared to be rambling lip service.

A hypothesis using the definition, An assumption for the sake of argument in order to suggest a possibility. Some precursory clauses which are subject to many conditions in order to be fulfilled.

The best thing that could happen to Teck is for Elmer to try to monetize shaft creek on the open market. all Teck has to do then is match the bid and assume 100% ownership. Even if the bid was as low as 2 or 3 cents a share. The bid would not be high because no one knows when or if Teck will place it in their pipeline, if ever in this lifetime. So I doubt the 2 E's would ever attempt that route.

Markets pulling back some Copper trading down from $2.25 to 2.07 Looks like it may have found some support to bounce from. I'm thinking it will break above $2.30 by years end. Which is the top of the wedge it is presently trading in. If I'm right there will be some nice rides in Copper stocks ahead of us.



To: mahzman2 who wrote (10318)8/25/2016 7:57:30 PM
From: Underhill692 Recommendations

Recommended By
Hog Head
mahzman2

  Respond to of 10654
 
Where have I heard this all before?

Copper Fox has a history of putting the words 'expected to be completed' in their corporate updates, and just dragging it out for years, covering their asses along the way with cautionary notes.

June 01, 2010
Copper Fox on Track to Complete the Feasibility Study at Schaft Creek by End of 2010.

Dec 14, 2010
A Feasibility Study on a minimum 120,000 tpd open pit mine is expected to be completed in early 2011.

Feb 15, 2011
A Feasibility Study on a minimum 120,000 tpd open pit mine is expected to be completed? by the end of June 2011.

June 29, 2011
The feasibility study is being led by Wardrop, A Tetra Tech Company on a minimum 120,000 tpd open pit mine and is expected to be completed during the fourth quarter 2011.

Dec 12, 2011
The feasibility study is being led by Tetra Tech WEI Inc. on a minimum 120,000 tpd open pit mine and is expected to be completed during the first quarter of 2012.

March 19, 2012
The feasibility study is being led by Tetra Tech Wardrop on a minimum 120,000 tpd open pit mine and is expected to be completed by mid-summer of 2012.

May 24, 2012
The feasibility study is being led by Tetra Tech Wardrop on a minimum 120,000 tpd open pit mine and is expected to be completed mid-late summer, 2012.

Aug 2, 2012
The feasibility study is being led by Tetra Tech Wardrop on a minimum 120,000 tpd open pit mine and is expected to be completed? by late summer, 2012.

Sept 4, 2012
The results of the feasibility study for the Schaft Creek project are expected to be delivered in September 2012.

Sept 25, 2012
The feasibility study is being led by Tetra Tech Wardrop on a minimum 120,000 tpd open pit mine.