Topic: How To Invest

Mr. McKeough: I would appreciate your opinion on Copper Fox Metals.

Article Excerpt

Copper Fox Metals, $0.97, symbol CUU on Toronto (Shares outstanding: 360.0 million; Market cap: $349.2 million; www.copperfoxmetals.com), is currently focused on completing a feasibility study on the Schaft Creek deposit in northwestern British Columbia. The company believes this is one of Canada’s largest undeveloped copper/gold/molybdenum/silver deposits. Copper Fox recently raised $4 million in a share issue to fund Schaft Creek’s development. Teck Resources has an option to acquire up to 75% of the Schaft Creek deposit by paying Copper Fox four times its development costs to date and arranging financing for a mine. Copper Fox is okay to hold, but only for highly aggressive investors. ..