FXR 0.00% 0.2¢ fox resources limited

looking interesting punters, page-37

  1. 6,072 Posts.
    Eduardo,

    You are wasting your time with those figures. Those figures have been published to drum up future support. It's all hogwash in my opinion.

    All I know is that they anticipate/project to earn CASHFLOW of $125 million over 9 years!!!!!!!!!!! What sort of a return is that on a capital investment of over $63 million in years 1 to 3. They always leave out other expenditure or get it wrong.

    Don't complicate your investment by comparing 2008 and a year(s) still to happen.

    Jinchuan poured in I think for memory close to $20 million a few years ago, Streeter too poured in a few $million. Why haven't these guys poured it in again if it all stacks up?

    Easy choice for me. Stay away from rubbish and you will never smell.

    I might have some of the facts slightly wrong but my basic anlaysis is correct.

    Good luck. You will be pleased to know that I won't say anymore on this fox. I've tried to make my point. That is, the Fox is nothing.

    By the way I have a pretty good track record in identifying dogs. I could list them all here but want to stay on topic. I do hope I'm wrong for yours and others sakes.

    Not even great management can extract minerals out of the ground it does not hold for economic development.

    :)
    Nic

 
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