Wednesday, March 17, 2010

Copper Fox (CUU.v): Oh no, nothing suspicious going on round here...oh no no no no

Old Macdonald, sheep he farmed, eee ay eee ay ooooh!

The latest insider filings from Copper Fox (CUU.v) below. Funny how these people are quick to declare the buy but forget to declare a sale that happened on the very same day. Funny dat, innit? All in PDAC week, too.

Copper Fox Metals Inc. (CUU)

As of March 16th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Mar 16/10 Mar 08/10 Macdonald, David Morris Control or Direction Common Shares 10 - Disposition in the public market -948,000 $0.180
Mar 16/10 Mar 08/10 Macdonald, David Morris Control or Direction Common Shares 10 - Disposition in the public market -20,000 $0.180
Mar 12/10 Mar 08/10 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 22,000 $0.210
Mar 12/10 Mar 08/10 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 30,500 $0.185
Mar 12/10 Mar 08/10 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $0.205
Mar 12/10 Mar 08/10 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 206,000 $0.195
Mar 12/10 Mar 08/10 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 948,500 $0.180
Mar 09/10 Mar 05/10 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $0.155
Mar 09/10 Mar 04/10 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 109,500 $0.155
Mar 09/10 Mar 03/10 Macdonald, David Morris Direct Ownership Common Shares 10 - Acquisition in the public market 75,000 $0.155


If you're wondering why this kind of pattern is a red flag, do yourself a favour and don't bother investing in junior miners.