MOX 0.00% 0.2¢ monax mining limited

Ann: Placement to Fund Mt Ringwood Drilling Program, page-24

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  1. 31,600 Posts.
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    Last post for the night..the c.r was small so profit is not that fantastic...imo holders should be preparing themselves for at least 1 to 2 bags over coming 4 to 8 weeks...so current stock allowing 300million shares on register at 2cents values company at 6million...gold sector smoking..right time of year..recipe is there for success...basically some stocks currently trading in different sectors rebirths as if they are the next cochlear when in fact research suggests overpriced by 4 times easily when allowing for funding and so forth
    So if c.r here was for 100million shares at .005 l would have already left this stock... fact remains low cap ..funded for now...a risk yes but a decent bet for short term gain ie weeks not years
    Luck to all
    May the gods be on our side and importantly longterm holders see some sortvofcbenefit from investing hard earned money way higher than current levels
 
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