Don't think this will make you feel better purr.Copper Fox...

Don't think this will make you feel better purr.

Copper Fox Metals Inc. (TSXV:CUU). Calgary-based Copper Fox Metals has a market capitalization of $278 million but according to its financial statement ended April 30, holds cash of just $540,895, showing that CUU trades at 514 times its cash value. Copper Fox is an example of a company with big potential based on its Schaft Creek project in northern British Columbia. Copper Fox announced on July 16 it will form a joint venture with Canadian diversified mining giant Teck Resources (TSX:TCK.B, NYSE:TCK) to explore and develop the property. Under the deal Teck will hold 75 percent of the mine and spend a total of $60 million in three equal payments, while Copper Fox will retain 25 percent. Copper Fox has also brought in significant investment capital, announcing since January private placements totalling $9.65 million. Over the last month the stock has risen 9.68 percent.

http://resourceinvestingnews.com/59962-5-juniors-trading-at-big-premiums-to-cash.html

Raider