MOX 0.00% 0.2¢ monax mining limited

No reflection on anyone here but your comment "if you need the...

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  1. 454 Posts.
    No reflection on anyone here but your comment "if you need the money don't put it into pure exploration companies"

    Thanks Seals, I have made that comment here and on other stocks regularly as there seems to be an assumption with some "investors"that every exploration company will find the next Broken Hill, Nova, Olympic Dam or what ever, that is far far far from the truth, 1 in a 1000 might stumble upon something that becomes a mine. It all comes down to GEOLOGY GEOLOGY GEOLOGY and an even larger dose of LUCK. I often wonder how many equivalents of the above have literally been missed by 1cm in a drill hole? It's all too easy to miss what is there without X-ray vision, the odds are greatly stacked against any explorer, especially when looking under cover.
    It took 20 odd holes to find Olympic Dam, that is called persistence and MONEY.
 
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