In response to the what's happening posts these are my thoughts ,
Melton Project , drilling has been underway since the last week in February by operator and JV partner Marmota .
Waddikee Project ,Farmin agreement with OMH Auger drilling in progress since January 2010.
Punt Hill Project ,Drilling was planned for late February / March and its possible that they are underway on the Gopher target at this very moment.The interesting core target was at a depth of 350m so that could be interesting.
Monax are very busy of late and its possible that any one of the above could be the attributing factor for the sudden rise in the SP and turnover over the last couple of trading days. Good to see some activity in this stock again and if the price is up again today the ASX may issue Monax a please explain then we will all know , "what's happening"
MOX Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
