Hello Eduardo, You're correct about those issues, and one must be fair to Fox as those are out of their control. Therefore, the fact that they are not burdened with 35 million debt in this enviroment is more preferable than the alternative, that is, being in production where costs aren't even covered let alone being profitable.
So where does that leave Fox? Are they going to sit around for the economic environment to turn? Can Radio Hill ever be viable? I don't know the answers.
However, I do know that Fox constantly remind the market of their exploration potential; Now is the time to walk the walk. Ayshia looks promising, but how vigorious will they be going forward with Ayshia; Remember, this is a company that took nearly 4 years to do follow up drilling at Mt Oscar.
FXR Price at posting:
5.0¢ Sentiment: None Disclosure: Not Held
