Copper Fox Metals - CUU/CPFXF.PK

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SushiSioux
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Copper Fox Metals - CUU/CPFXF.PK

Mucho praise for Yukon Cornelius on Copper Fox.  they just release  below press release and I check the Yahoo Finance and see the stock is on sale this morning.

  July 11, 2011

Measured and Indicated Resource Estimate Exceeds 1 Billion Tonnes at Schaft Creek Deposit

 
(CONTAINING 6.1 BILLION POUNDS COPPER, 383 MILLION POUNDS MOLYBDENUM AND 5.8 MILLION OUNCES GOLD)

VANCOUVER, July 11, 2011 /CNW/ - ("Copper Fox" or the "Company") (TSX-V: CUU) is pleased to provide its shareholders the results of the recently completed National Instrument 43-101 compliant resource estimate for the Schaft Creek copper-gold-molybdenum-silver deposit located in northwest British Columbia, Canada.  The resource estimate was prepared by AMEC Americas Limited ("AMEC") and the National Instrument 43-101 compliant report related to the resource estimation will be filed on SEDAR within 45 days.  Highlights of the resource estimate using a 0.20% copper equivalent cut-off (Base Case) are as follows:

Highlights:

  1. The Measured mineral resource for the Schaft Creek deposit (at a 0.20% copper equivalent cut-off) is estimated to be 40.3 million tonnes grading 0.36% copper, 0.023% molybdenum and 0.25g/t gold (copper equivalent of 0.61%) containing 319.6 million pounds copper, 20.5 million pounds molybdenum and 0.32 million ounces gold,
  2. The Indicated mineral resource for the Schaft Creek deposit (at a 0.20% copper equivalent cut-off) totals 971.2 million tonnes grading 0.27% copper, 0.017% molybdenum and 0.18g/t gold (copper equivalent 0.45%) containing 5.8 billion pounds copper, 363 million pounds molybdenum and 5.5 million ounces gold,
  3. The Measured and Indicated mineral resource for the Schaft Creek deposit (at a 0.20% copper equivalent cut-off) totals 1.01 billion tonnes grading 0.27% copper, 0.017% molybdenum and 0.18g/t gold (copper equivalent 0.46%) containing 6.1 billion pounds copper, 383 million pounds molybdenum and 5.8 million ounces gold,
  4. The Inferred mineral resource for the Schaft Creek deposit (at a 0.20% copper equivalent cut-off) totals a further 283.6 million tonnes grading 0.24% copper, 0.011% molybdenum and 0.15 g/t gold (copper equivalent 0.39%) containing 1.5 billion pounds copper, 69 million pounds molybdenum and 1.3 million ounces gold,
  5. The silver grade of the Schaft Creek deposit is estimated to range between 1 and 2 g/t. The silver content of the deposit has not been included in the resource estimate due to legacy data issues, and
  6. This resource estimate reports significantly higher average copper grade in the Measured mineral resource (0.36%) category, the Indicated mineral category (0.27%) and the Inferred mineral resource (0.24%) category compared to the Measured mineral resource category (0.30%), the Indicated mineral category (0.23%) and Inferred mineral resource category (0.14%) set out in the preliminary feasibility study on the Schaft Creek deposit dated September 2008.
June 29, 2011 Copper Fox Advances Feasibility Study and Reports 2011 Second Quarter Financial Results
June 21, 2011 High Resolution Magnetic Survey at Schaft Creek Confirms Similar Signatures for Mineralized Zones, Diamond Drilling Underway, Resource Estimate Tables Received From AMEC
May 31, 2011 Copper Fox Commences 2011 Drilling Program, Updates Other Activities at Schaft Creek,
May 09, 2011 Copper Fox Welcomes the Federal Government of Canada's Approval of the Northwest Transmission Line Project
May 05, 2011 Copper Fox Provides Update on 2011 Plans for Schaft Creek, Diamond Drilling Expected to Commence Mid-May
May 03, 2011 Copper Fox Announces Resignation of CFO, Appointment of an Interim CFO
April 13, 2011 Copper Fox Announces Completion of 3D Model and Award of High-Resolution Airborne Geophysical Contract
March 31, 2011 Copper Fox Announces First Quarter 2011 Highlights and Financial Results
March 31, 2011 Copper Fox Announces the Acceleration Term to be Applied to the Expiry Date of the Warrants Issued with the March 16, 2011 Offering
March 24, 2011 Copper Fox Announces Strategic Acquisitions to Enlarge Schaft Creek Property and Purchase of Liard Copper Mines Ltd. Shares
March 16, 2011 Copper Fox Announces the Closing of a $3,750,000 Non Brokered Private Placement Flow-Through Offering
March 04, 2011 Copper Fox Metals Inc. Announces Incentive Stock Option Grants
February 28, 2011 Copper Fox Metals Applauds the Announcement of the Province of British Columbia to Approve the Environmental Assessment Certificate for the Construction of the Northwest Power Line
February 23, 2011 DDH CF405 Tests Chargeability Anomaly And Expands Zone Of Deep, Higher Grade Mineralization At Schaft Creek
February 17, 2011 Copper Fox Announces a $3,750,000 Non Brokered Private Placement Flow-Through Offering
February 16, 2011 Copper Fox Listed As Top Ranked Company In 2010 By TSX Venture Exchange
February 15, 2011 Copper Fox Announces Fourth Quarter Highlights and 2010 Year-End Financial Results
February 14, 2011 Milestone In Environmental Assessment Of Schaft Creek Achieved
February 03, 2011 Latest Assay Results Expands Zone of Deep, Higher Grade Mineralization at Schaft Creek; Additional Assays Pending

Financials

--------------------

From Canadian Insider

Copper Fox Metals Inc. (CUU)

As of July 10th, 2011
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Jun 23/11 Jun 22/11 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 36,500 $2.230
Jun 07/11 Jun 03/11 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 5,000 $2.090
Jun 02/11 Jun 01/11 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 9,500 $2.220
Jun 02/11 Jun 01/11 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 5,500 $2.190
Jun 02/11 Jun 01/11 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 20,000 $2.180
Jun 02/11 Jun 01/11 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 15,000 $2.170
Jun 02/11 Jun 01/11 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 6,500 $2.140
Jun 02/11 Jun 01/11 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 2,000 $2.130
May 10/11 May 09/11 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 9,500 $2.310
May 10/11 May 09/11 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 10,000 $2.120
Edited by admin on 11/08/2014 - 06:20
magis00
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Me Love CPFXF Long-Time . . .

But wtf is with today's action, eh?  1 BILLION ounces in the ground, and price drops off 20%?

Hello EE -- guess Copper Fox is finally big enough to attract the disapproval of the Big Shorts?

SushiSioux
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!

Lovely to have an opportunity to buy under 2 bucks.  Makes no sense. obviously they just should have announced they  were putting a single drill into action to start drilling.................

Up0.1476 (47.31%)

IDIFF.PK

 
  July 11, 2011

Indico Mobilizes Drill Rig for Phase I Drilling at Ocaña Project, Southern Peru

  Vancouver, British Columbia - Indico Resources Ltd. ("Indico" or the "Company") (TSX-V: IDI, OTCQX: IDIFF) announces that following a successful drill permit application process, a rig is being mobilized to the Ocaña project in southern Peru and that drilling is expected to begin in the coming days. In addition, interpretation of new geophysical data has been completed, which supports the existing Jimena drill target (NR11-01 March 7, 2011) as well as defining two additional drill targets. As a result, the initial +2,000 metre drill program has been increased to +4,000 metres.
SRV - ES339
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CUU action

To all,

I don't own this but know someone who's been "all in" since about $0.40.

The latest report drastically reduced the estimated Cu reserves (the Stockhouse Board pumpers actually called a decimal point typo when the report came out... lol) ... the report was delayed many times while "rumors" of big results pushed the price up over $2.50. For what it's worth, I wouldn't touch this stock... it's being pumped on the boards, and my take is many of those holding are looking for a home run based on rumor and stock board pumping.

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