MOX 0.00% 0.2¢ monax mining limited

whats around the corner, page-3

  1. 96 Posts.
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    This halt is not for capital raising...they have cash and no need for more now.

    The drill results for Hole 6 are overdue...the halt could be for these results rather than the assays from Hole 1, although if they follow previous trends, the announcement of the drill results usually follows 1-2 hours after the trading halt.

    This trading halt appears different to the previous ones..it must be for the assay results from the first hole. Ppl on this forum are predicting they wont be too flash because of the core photos but the photos from this hole were not the best quality.

    However, MOX has stated that the first 3 holes all showed similar patterns of basement rocks, which means that Hole 1 is similar to the other 2 holes.Hole 1 had a 215m zone of visible mineralisation (bornite and chalcopyrite) and ended in mineralisation.

    Could this be bigger than Olympic Dam??

    Fingers crossed!!!!!
 
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