MOX 0.00% 0.2¢ monax mining limited

Ann: Monax Farms-In to Vanadium Play in the Mid-West, WA, page-7

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  1. 115 Posts.
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    You would have thought MOX could have given it's shareholders a bit more project geological detail in their announcement. Had to revert to the MTH Ann. to get some info on the host rock and target mineralisation style. Looks like an interesting little project. My advise would be to, and lets hope they do, undertake detailed ground magnetic survey profiles to accurately determine the location of the magnetic strata below surface. Very important to de-risk the exploration approach with limit cash reserves. Give themselves the best chance of finding a target/deposit with the minimal amount of drilling as possible. I won't be buying any more shares as I've lost over $60k on this stock as I averaged down over the past 10+ years. Like many, in the bottom draw in hope of a slight rebound.
 
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Currently unlisted public company.

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