To view the full post without scrolling please use the full width view or single post view. Fox Resources looks impressive on all fronts except the share price, which is reflective of the sentiment of this stock.
Only 8.5 cents per share.
Nickel and copper mining to commence this year, with base metal production to start early 2012.
A good speculative company for gold and iron ore as well.
Only 337 million shares on issue. Nine year mine life from 300000t of stockpiled material. First year to be cash flow positive.
Remember this share was almost $2 a few years ago when it was in production, which would be equivalent to $1 today with share dilution.
ARE YOU KIDDING??? 8.5 cents per share. What the?????
BARGAIN BASEMENT PRICE. MULTI-BAGGER
FXR Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held