MOX 0.00% 0.2¢ monax mining limited

Well this dump and supply were expected and will be for next...

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  1. 13,245 Posts.
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    Well this dump and supply were expected and will be for next couple of days until so called sophisticated investors via brokers dump their shares (received from short fall). This supply is about to end and then only short term profit takers will be around. I believe this is an ideal buying opportunities for MT-LT investors.

    IMO; being Gold and Li explorer & with some good confirmation of high grade Li from sampling; the speculative MC around $20m is the fair value for the MOX. Hence; not sure if it will stay around this price for long once shortfall supply is over.

    Cheers
    J
 
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