FXR 0.00% 0.2¢ fox resources limited

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  1. 886 Posts.
    Couldn't agree more CUB. Profit down-grades, doing this, doing that, not doing anything really!!!

    Great so they're shipping 500+t of copper/zinc etc once every 2 months. Only woth a couple of mil or whatever!!! We need more shipments, more ore, more nickel.

    They have two operating mines now - one at Sholl, and one at Elizabeth Hill (which we have actually heard nothing about - so don't think they are using). Note with EH they publisized that all the way up the pooper, and then nothing since then. That cost a pretty penny!!

    Still going to hold as I know that once they get moving on some of these things, it will be worth a fair bit more.

    But till then my anticipations for the next year are as follows:
    1. Focus to change to Iron Ore - possibly with a demerger of Iron Ore assets into a new entity - note think the Chinese will want more of those shares.
    2. Either take over or merger with another company (someone like Legend - with similar tennemants).
    3. Share price to either be $2 (lots of good news) or 50c - no further news (back on retrace)!
 
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