MOX 0.00% 0.2¢ monax mining limited

Ann: March 2015 Quarterly Activities and Cash Flows Report, page-2

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  1. 6,376 Posts.
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    The company successfully spent more on administration than on exploration. They have fingers in so many pies getting others to spend money on what so far appears to be useless tenements.

    It would be good if they could find a place with prospectivity and explore it thoroughly, Parndarna on KI comes to mind here. Do ALL the research necessary before abandoning it, not this piecemeal come back to it every couple of years, then do a little bit, raise some hopes and funds, then ignore it.

    MOX have interests in tenements all over the country, yet it apears just a grab for what they can get to keep themselves in jobs, instead of trying to search for something in particular, be an expert in research for something, and hopefully find a deposit in what you specialise in.

    I will try to go to this years AGM and start to question the direction this rudderless company is going in. I hope some others can join me.
 
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