Strauss, the fact that they are sitting at the southern end of CXOs Li tenements in the Bynoe is an enormous boon for MOX. Trouble is we wont get any bankable results till they drill next year.
Ive been watching MOX for months and it has been difficult to scoop up much at the low levels. I think the lack of liqudity is due to those who got trapped a bit higher in the last pump.
I think it will run to .015 leading up to Chip results and find a fair bit of resistance there due plenty of supply.
Of couse the lead up to drilling next year and the subsequent results can reflect CXOs findings everything changes.
GLTA
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