FXR 0.00% 0.2¢ fox resources limited

announcement out, page-2

  1. 886 Posts.
    I should add - I reckon there will be a spin-off or something of the Iron Ore portion into a new company - maybe "Foxy Iron Ore" LOL!

    They will want to get the maximum value out of this that they can, while still keeping their cores of copper/nickel production.

    Expect the Chinese to be want on board any spin-off.

    If they don't then they will need alot of capital to fund the exploration/development.

    This could potentially be a company maker. But maybe lets wait and see for the drill results!

    Shifted to a ST buy for me at the moment though. $1.20 possible!
 
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