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Re: None

Friday, 02/25/2011 9:44:53 PM

Friday, February 25, 2011 9:44:53 PM

Post# of 131
Was trying to figure out what was up with this stock.
Best I could find:

http://caps.fool.com/Blogs/your-inside-track-to-the-next/506380?source=ihpsitcag0000002&lidx=3#comment539931

Probably still a solid hold? Maybe even worth chasing?

Catalyst #8:

7.7 billion pounds of copper, 8.1 million ounces of gold, 584 million pounds of molybdenum, and 69.4 million ounces of silver. And that's before the looming resource expansion from highly successful 2010 exploration. Any project of that scale is a catalyst for share appreciation in its own right within the ongoing bull market for precious and base metals.

I won't chain my price targets to precise timetables, since too many factors are at play with respect to permitting, metal price volatility, etc. But I will say I fully expect to hold my shares (whether as a standalone company or subsequent to any potential dealmaking), to a target of at least $4 by, roughly, the end of 2012. That is a very conservative projection, in my view. I'd be guessing at a high price for 2011, since it's shorter than the timeframes I normally consider, but I could throw $2.50 as a cozy target for the year.

There are risks, not unlike those facing any pre-production resource company. But weighed against potential reward, and especially given the persistently low valuation of Schaft Creek reflected in the shares, I view Copper Fox in a very favorable light.