InvestorsHub Logo
Followers 13
Posts 160
Boards Moderated 0
Alias Born 07/08/2002

Re: basserdan post# 489324

Friday, 08/04/2006 10:09:40 AM

Friday, August 04, 2006 10:09:40 AM

Post# of 704019
Copper Fox (CUU.V or CPFXF) looks like a great NovaGold-related investment. Nice chart, with an island reversal bottom just put in:

http://www.greatinvestments.blogspot.com/
As you can see from Table 1 on page 3 of the April letter to shareholders, the Schaft Creek deposit compares favorably to the Northgate Minerals (NXG) Kemess deposits and could be similar to the NovaGold (NG) Galore Creek deposit, despite having only a tiny fraction of the market cap of those two neighboring projects. While Schaft Creek still has a ways to go before it gets to the production stage of Northgate’s Kemess South deposit, or even the feasibility study stage of NovaGold’s Galore Creek deposit, the market caps of those stocks gives you an idea of the potential for the Schaft Creek project and Copper Fox if everything goes as planned.

With NovaGold's market cap over $1.7 billion, and Northgate's around $1 billion, it looks like Copper Fox, with a market cap under $30 million, could be a 10-bagger or more. However, with all the acquisition attempts in the area, it's likely somebody will buy them out before then.

Also, apparently Mike Schaefer will be putting out a report on Copper Fox on Monday:
http://www.siliconinvestor.com/readmsg.aspx?msgid=22685800
From the Desk of: Michael SCHAEFER, Editor
Subject: 2 Explosive Investments Coming Monday

Date: August 2, 2006

Mike SCHAEFER here.




The first stock is a coming copper colossus that trades for just $0.40 a share. And we'll be getting in at the right time. With a market cap of just $10 million Canadian, we have incredible leverage for some mind-blowing gains in the coming months.

You see, the company - whose stock trades for just $0.40 a share - is sitting on $4.7 billion in copper in British Columbia.

Let me put it another way. Each share of this stock gets you access to more than $20 worth of copper per share. And that's at today's copper prices.

You know me. I think commodity prices will continue to rise substantially. And this company will be right there in the middle of the bull market.

They have a billion-dollar partner in Teck Cominco that will help with the project. So this thing is about as close to a sure bet as I've seen.

And I haven't even mention the fact they also have $97.8 million in gold. That's icing on the cake.

Buy this stock and forget about it. I think in a year you'll be sitting on a 400% gain.



I bought the CUU PP at .55 and also added earlier this week and this am. It's now one of my biggest holdings.


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.