MOX 0.00% 0.2¢ monax mining limited

Ann: September 2014 Quarterly Activities and Cash Flows Report, page-5

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  1. 454 Posts.
    For the very simple reason that they are doing nothing wrong or illegal. As I and others have said before on this matter, either put up or shut up. If you have proof, evidence or anything else that indicates wrongdoing by Monax do something about it. Otherwise take your losses and move on.

    This is a very speculative stock with high risk and is one whose funding arrangements the market hasn't quite got its head around for some reason, but it is a stock with huge potential upside. What do you think it would be worth if they hit 2-600 metres of ~1.0% copper at Punt Hill? They are in the right geological/geophysical environment to do so, maybe they will maybe they won't, its a BIG RISK, it's SPECULATIVE. It's a PUNT, a BET based on solid educated guesses, and they are guesses until the drill proves it one way or the other. Many a "Mine" has been destroyed by actually drilling it.
 
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