MOX 0.00% 0.2¢ monax mining limited

doubts increasing

  1. 1,104 Posts.
    Real doubts over this one now guys. Delays are creating a few nervous nellies by the looks of today's drop.

    I thought it could be a big IOCG but now Im not as convinced (although it is an IOCG, just not a big economic mine). Got out most of my stock in the 1.60's before hole 1 released. Just wished they had of released pictures of whole core trays instead of the same 15cm of core they keep trotting out.

    Hope I am wrong. I keep it on my watchlist just in case. A lot of expectation is built into $1.30. If results disappoint, its a long way to fall.

    That said, could still be a good long term hold as existing drilling may point to a big nearby system.

 
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