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


To: louel who wrote (10444)2/27/2017 9:08:43 PM
From: brundall  Respond to of 10654
 
How did Copper Fox come up with a valuation of the Liard shares in order to write them down by over 85%? Teck must have had some say in that decision.....did Teck write them down too? We'll never know as that is not material to them.

Wouldn't it be a shocker if Copper Fox sold Liard shares at the new valuation to raise funds? They need cash in 8 weeks or so to continue operating.



To: louel who wrote (10444)2/27/2017 9:17:06 PM
From: explorationguy  Read Replies (1) | Respond to of 10654
 
Did you include CUU's 25% of the 70% direct interest in Schaft Creek?



To: louel who wrote (10444)2/28/2017 1:04:01 PM
From: dsikorsk  Read Replies (1) | Respond to of 10654
 
All I know is it's a great tax loss to use against my IVN gains :)

On that note IVN is pulling back nicely, looking to re-enter my trading position when the momentum become positive again. If it closes below $4 support today I'm hoping to renter in the $2.50 range if the freefall continues. Didn't think I'd ever see a pullback this hard and thought I'd sold my trading position too early at $4 when it jumped to $5 but will take the money if everyone is handing it to me. Still think IVN's assets are worth $7-10/share so hoping to double down if it goes lower.

CUU is all but a memory to me now (and an expensive lesson at that) and I don't really pay attention to their news releases anymore as it's the same thing day in day out.

Best of luck to those who still hold it though, I feel your pain but I've moved on.

Cheers.