Hi Jula All quiet on the MOX front. Next move imminent in my opinion. Management and Mr Neville Alley, the consultant geologist, who found their tenements are very confident.
They have found an ICOG deposit.
They now need to track down the high grades. Management were somewhat perplexed by the market hype over the initial holes, but I think some of that was of their own making. They gave the traders plenty to work with by flashing those cores. There has been some accumuation and the volume has dried up recently, just like last time.
Current and near term drilling by VMS, CRJ etc will sharpen the focus on the potential of the Gawler Craton once again. Some smart money has ended up on the register following the last lot of accumulation at $1.30.
Once MOX re-confirm they are onto something the market will respond.
Cheers
MOX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held