Brien Lundin, in the July, 2012, edition of the Gold Newsletter, refreshes his buy of Copper Fox Metals Inc., recently $1.11. Mr. Lundin said buy four times between March, 2006, and August, 2008, at prices ranging from 37.5 cents to $1.14. He then said sell in July, 2009, at nine cents. Assuming a $1,000 investment for each of the four buys, selling the $4,000 position at nine cents yielded a loss of $3,364. Mr. Lundin said buy again in August, 2011, at $1.75 and in March, 2012, at $1.34. Assuming a $1,000 investment for each of the two new buys, the $2,000 position is now worth $1,461. Copper Fox has released a resource update for its Schaft Creek project in northwestern British Columbia. It estimates a measured and indicated resource of 7.1 billion pounds of copper, 455 million pounds of molybdenum, 7.3 million ounces of gold and 66.7 million ounces of silver. There is also an inferred resource of 2.9 billion pounds of copper, 206 million pounds of moly, 3.3 million ounces of gold and 31.6 million ounces of silver. Copper Fox plans to continue drilling and to release a feasibility study for Schaft Creek before the end of summer. Mr. Lundin notes the already-large deposit remains open in several directions. Buy.