MOX 0.00% 0.2¢ monax mining limited

Pump and dump - yes another one, page-6

  1. 346 Posts.
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    Hi to all shareholders of MOX.

    I'm going out on a limb and say I don't think this one is a pump and dump this time. And this is why I'm thinking like this.

    1) Just a couple of weeks ago announced that it has a very heavy drilling programme for the next 3 to 4 months.
    (so why dump after one happy day for all of us)

    2) We were at record lows for a long time with very little stock changing hands.
    (therefore most people who have been selling and who continue to sell are most likely taking a hit)

    3) Yes yesterday was a great day for some people but only 6 million shares went through with over 80 trades, that's less than 75000 shares each at an average of .026 that's a $1950.00 investment.
    ( which in my opinion would hardly seem worth off loading for anything less than 5 cents.)

    4) Its been said and known that MOX has been under valued for a very long time, Maybe brokers are just starting to see its real potential and are advising their clients that this one is worth a real punt.
    ( with its cash cow in Chillie and a major share holder its only a matter of time before they announce a take over. They could have bought the company 3 times over with all the money they have invested so far.

    So I'll continue to go out on a limb and say this stock may break through 4 cents today and head for the skies in the next 3 months.

    good luck and may the Mining gods be on our side.
 
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Currently unlisted public company.

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