Most share purchase plans are behaving the same way so would not be too concerned. Its the current market phase and wont last that long considering resources is where most will be going long in 2010.
Mox is undervalued IMO ,
Investment in MEU ( MOX 25%) valued at $4m with upside to come from greenfields uranium find.
$2m Manganese/Iron ore Joint venture with OM holdings limited (OMH 60% MOX 40%).
Highly prospective copper/gold prospects at Punt Hill (MOX 100%)and Melton/North White Cliffs (MOX 50%, MEU 50%) confirmed with magnetic/gravity surveys and will be drilled Q1 2010.
kangaroo Island - high grade lead,zinc and Gold. (MOX 100%)
Cash levels of $4.5m , market cap $8.7m
MOX Price at posting:
6.9¢ Sentiment: Hold Disclosure: Held
