I found this interesting post by a fellow member: Another company has joined in the search along the (PPCB) Pine Point Copper Belt . Southern Uranium Limited (SNU) have now have a lease directly above the MOX/MEU lease at Melton . They have already done the Aeromagnetic Surveys and they too are speeding things up as they have also some prime targets picked out. So along the (PPCB) beginning far south we have MEU/MOX then we come to Rex Minerals, Hillside project,further north Rex Minerals /Parara project, further north Rex Minerals /White Cliffs project then further north MEU/MOX Melton Project and further north again we now have Southern Uranium.All credit for this sudden interest along this (PPCB) belongs to Monax and only for Punt Hill showing early promise they would have been working on this site a lot earlier. Instead of saying they are a neighbour of Rex Minerals they would have been saying that about Monax. The interesting thing about Rex Minerals is they believe the projects further north Parara and White Cliffs are the prime targets but due to the unexpected sucess at Hillside they have concentrated on this site. Mox/Meu might get lucky at Melton and you can bet that Rex Minerals will be at White Cliffs within the blink of an eye.If the Mox/Meu get permission of the farmers at Melton they may be allowed to commence operations on the site prior to the annual harvest.Lets hope Mox/Meu have some sweet talkers amongst them .Interesting times ahead.
MOX Price at posting:
8.5¢ Sentiment: ST Buy Disclosure: Held