MOX 0.00% 0.2¢ monax mining limited

re: re:trading halt emset thanks for the heads up Sarah 1Its...

  1. 1,104 Posts.
    re: re:trading halt emset thanks for the heads up Sarah 1

    Its been on my watchlist for a while however I don't intend on investing until they have started drilling.

    I think I counted about 30 companies that mentioned they were exploring for IOCG/Olympic Dam mineralisation, mostly in SA, when I read the last 1/4 reports. Watch them all spring out of the woodwork if MOX announces some good assay results. Some of them are actually very interesting.

    I think SP is as high as it is because of the pretty pictures they released and the massive intersection (e.g. 200 to 400m of visible chalco/bornite). They have pumped expectations up massively as a result.
    Not sure about assay results on Hole 1 and probably 2 - pics leave some room for doubt. Hole 3 looks the goods though. Hopefully my father is wrong. He's been in the industry for a while though...
 
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