as investors continue to snap up remaining low priced junior resource shares, i expect a few more step out holes will be drilled and maybe some in-fill drilling to better define the deposit, perhaps define a new higher grade zone, these are my thoughts on Copperfox based on 20 years experience in identifying early global world class discoveries,,In 1998 I identified Ivanhoes http://www.ivanhoemines.com/(IVN)NYSE Oyu Tolgoi deposit in Mongolia with drill results from the first drill program as the "Most spectacular discovery based on drill intercepts, most holes had over 500 m of gold and copper mineralization and were widely spaced"
CopperFoxhttp://www.copperfoxmetals.com/ has a spectacular mineral deposit , One that is well defined but still with many open boundarys needing drilling that could yield much more resources to the mine plan, there is currently 4.8 million Gold ounces and growing,+copper+Moly, It is located in Canada [more]
The recent historic high metals prices and subsequent colapse, was hard felt by all. You must think back to the last Global market colapse and compare. Will the recent bottom in comodities and oil more specifically remain in tact, I say Yes. The US dollar will continue to sell-off , naturally driving up comodity prices. In the year 2000 copper was $.41/pound, Nickel was $2.50/pound, Gold was $250/ounce, silver was $3.75/ounce, platinum was $360/ounce, and the US Dollar was at a historic high. Greenspan pass the weak dollar policy law in 2001 this began the run up to 2008, sending copper to $4/pound, nickel to $28/pound(but topped out 1 year earlier, a clear signal bull market was done), Gold to $1050 an ounce(and currently near record highs) and platinum to $2500. The US dollar is crashing as we speak this will add to the recovery in comodity prices in US dollars. The demand for all comodities will originate in China. [more]