Those BUX grades are very good imo.
BUX and MZM should do very well today. MZM own about 2.5m BUX shares and a 15% stake in that lease by memory.
DYOR
MONTEZUMA MINING COMPANY LTD
( ASX CODE: MZM )
CASH/SHARES VALUATION AS AT 30 JUNE, 2014
Total Cash $ 8,489,500 ( = 12.05 c/s )
Shares
BUX- 2,372,500 @ $ 0.29 $ 688,025
RNI - 8,400,000 @ $ 0.225 $ 1,890,000
RNI - 2,100,000 opts @ $0.05$ 105,000
RNI - 2,100,000 opts @ $ 0.0 $ 0
EXC-12,000,000 fp @ $ 0.023$ 276,000
LTX - 1,525,000 fp @ $0.02 $ 30,500
Auvex Manganese ( unlisted )
3,750,000 fp shares @ est $ 120,000
Total Shares $ 3,109,525 ( = 4.41 c/s )
TOTAL CASH AND SHARES $ 11,599,025 ( = 16.46c/s )
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Those BUX grades are very good imo. BUX and MZM should do very...
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