Copper Fox (CUU.v): Where's your sense of humour, longs?

And in a strange turn of events, the market decides that valuing a very low grade copper property in the middle of freakin' nowhere up in the land of frost at 10c/Lb in situ is a bit rich. NR here.

CUU.v has more to drop, folks.

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.

Copper Fox (CUU.v) and one teeny tiny piece of The IKN Weekly, issue 44, published yesterday

There were over 13,000 words in The IKN Weekly issue 44 yesterday. Here are 114 of them:

Copper Fox (CUU.v): This is my idea of a near-term springer (a thought that has been the kiss of death to many a speculation). Not only is it cheap right now, it’s sitting next to the overhyped Novagold (NG) that has just secured $100m worth of financing from a man with more money than sense. If PDAC gossip starts swinging round to the chances of NG hoovering up neighbour plays cheaply, CUU might just decide to go on a run. And for what it’s worth, volumes on Friday suddenly lifted off with just an hour left on the clock and broke though what looked like a mini-iceberg at 16.5c. A short-term flip speculation possible.

Then just to make sure, in the conclusion there was this little reminder:

Aside from the usual suspects, keep Copper Fox (CUU.v) on your radar as a potential quick flip trade for the reasons mentioned above....I have a feeling in my bones about that one.

So how's this CUU.v stock getting on today?

Oh look, 23.5% up. Just sayin'....

Copper Fox (CUU.v) gets treasury

With our pal Ernesto Echavarria (he loves his CUU and PEZ, but don't mention ATW Gold if you meet him, willyaz?...might ruin the conversation) exercising his warrants position in Copper Fox (CUU.v), the company now has an extra half million dollars in the treasury pot for its development fun and games. Not a king's ransom, but quite auseful number for a $40m mkt capper.

Copper Fox Metals Inc. (CUU)						As of February 22nd, 2010
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Feb 22/10	Feb 16/10	Echavarria, Ernesto	Direct Ownership	Common Shares	54 - Exercise of warrants	6,666,667	$0.075
Feb 22/10	Feb 16/10	Echavarria, Ernesto	Direct Ownership	Warrants	54 - Exercise of warrants	-6,666,667	$0.075

IKN Weekly subscribers know my views on this stock. DYODD, dude.

Keeping in with the insiders

A few fun insider trades to note from yesterday's filings:

More insider selling at Colossus (CSI.to) where persona non grata at Serra Pelada Kishida dumps more, along with head honcho Sussman and another 10k at $5.90 on December 30th finally filed. You have to wonder why these people are so keen on dumping at these current levels........

Colossus Minerals Inc. (CSI)						As of January 11th, 2010
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Jan 11/10	Jan 05/10	Kishida, Augusto	Direct Ownership	Common Shares	10 - Disposition in the public market	-100	$5.720
Jan 11/10	Jan 05/10	Kishida, Augusto	Direct Ownership	Common Shares	10 - Disposition in the public market	-100	$5.720
Jan 11/10	Jan 05/10	Kishida, Augusto	Direct Ownership	Common Shares	10 - Disposition in the public market	-200	$5.720
Jan 11/10	Jan 05/10	Kishida, Augusto	Direct Ownership	Common Shares	10 - Disposition in the public market	-4,600	$5.720
Jan 11/10	Jan 05/10	Kishida, Augusto	Direct Ownership	Common Shares	10 - Disposition in the public market	-5,000	$5.720
Jan 11/10	Jan 05/10	Kishida, Augusto	Direct Ownership	Common Shares	10 - Disposition in the public market	-5,000	$5.710
Jan 11/10	Jan 06/10	Kishida, Augusto	Direct Ownership	Common Shares	10 - Disposition in the public market	-5,000	$5.720
Jan 11/10	Jan 06/10	Sussman, Ari b	Direct Ownership	Common Shares	54 - Exercise of warrants	10,000	$0.400
Jan 11/10	Jan 06/10	Sussman, Ari b	Direct Ownership	Warrants	54 - Exercise of warrants	-10,000
Jan 11/10	Dec 30/09	Sussman, Ari b	Direct Ownership	Common Shares	10 - Disposition in the public market	-10,000	$5.900

It's not all bad trades we note at IKN, though. Copper Fox (CUU.v) director David MacDonald has decided that he likes his stock here:

Copper Fox Metals Inc. (CUU)						As of January 11th, 2010
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Jan 11/10	Jan 08/10	Macdonald, David Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	60,000	$0.175
Jan 11/10	Jan 08/10	Macdonald, David Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	40,000	$0.170
Jan 11/10	Jan 07/10	Macdonald, David Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	35,500	$0.175
Jan 11/10	Jan 07/10	Macdonald, David Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	50,000	$0.180
Jan 11/10	Jan 07/10	Macdonald, David Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	50,000	$0.175
Jan 11/10	Jan 06/10	Macdonald, David Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	24,500	$0.180
Jan 11/10	Jan 06/10	Macdonald, David Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	500	$0.175
Jan 06/10	Jan 05/10	Macdonald, David Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	50,000	$0.160
Jan 06/10	Jan 04/10	Macdonald, David Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	50,000	$0.155
Jan 04/10	Dec 31/09	Macdonald, David Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	75,000	$0.150

Meanwhile, reporting direct from HowTheOtherHalfLives, we catch up with Haywood's Chairman John Tognetti who's been shuffling a few tokens around and selling chunks of fast-rising hotpot Mirasol (MRZ.v)...

Mirasol Resources Ltd. (MRZ)						As of January 11th, 2010
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Jan 11/10	Oct 31/08	Tognetti, John	Control or Direction	Warrants	00 - Opening Balance-Initial SEDI Report
Jan 11/10	Jan 08/10	Tognetti, John	Direct Ownership	Common Shares	10 - Disposition in the public market	-3,000	$2.330
Jan 11/10	Jan 08/10	Tognetti, John	Direct Ownership	Common Shares	10 - Disposition in the public market	-1,000	$2.310
Jan 11/10	Jan 08/10	Tognetti, John	Direct Ownership	Common Shares	10 - Disposition in the public market	-5,700	$2.350
Jan 11/10	Jan 08/10	Tognetti, John	Direct Ownership	Common Shares	10 - Disposition in the public market	-5,300	$2.400
Jan 11/10	Jan 07/10	Tognetti, John	Direct Ownership	Common Shares	10 - Disposition in the public market	-121,200	$2.462
Jan 11/10	Jan 07/10	Tognetti, John	Direct Ownership	Common Shares	10 - Acquisition in the public market	66,400	$2.459
Jan 11/10	Jan 06/10	Tognetti, John	Direct Ownership	Common Shares	10 - Disposition in the public market	-3,000	$2.459
Jan 11/10	Jan 06/10	Tognetti, John	Direct Ownership	Common Shares	10 - Disposition in the public market	-1,000	$2.250
Jan 11/10	Jan 06/10	Tognetti, John	Direct Ownership	Common Shares	10 - Disposition in the public market	-3,000	$2.350

....and also AuEx Ventures (XAU.to):

AuEx Ventures, Inc. (XAU)						As of January 11th, 2010
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Jan 11/10	Jan 06/10	Tognetti, John	Direct Ownership	Common Shares	10 - Disposition in the public market	-100	$3.220
Jan 11/10	Jan 06/10	Tognetti, John	Direct Ownership	Common Shares	10 - Disposition in the public market	-22,400	$3.271
Jan 11/10	Jan 06/10	Tognetti, John	Direct Ownership	Common Shares	10 - Disposition in the public market	-2,500	$3.200

But then again, as the Tognetti dude still has 4,050,000 shares of MRZ.v and 5,139,450 shares of XAU.to hanging around (as well as a whole bucketful of in-the-money warrants and stuff) I hardly think we should worry about this one too much. Probably paying his lunch tab or something.......