AXO 0.00% 73.0¢ aurox resources limited

todays price, page-15

  1. 4,510 Posts.
    That is spot on plantagenet.

    You need patience to guts it out with this stock, but the end is in sight. Someone is definitely trying to wangle people out of their stock. The weaklings and short term traders will flee.

    One 'man in the street' investor I know with some shares is totally panic stricken by the current price and those are the sorts of people they are trying to squeeze out. It's a classic strategy, you just have to be smart enough to ride it out.

    One thing is certain - the Chinese definitely need the raw materials, big time. They will not back out of this now as they do not have the time to start looking for other projects from scratch, especially not ones of this scale and reasonably close to the travel infrastructure/ports, and certainly a whole lot closer to these facilities than a lot of other iron ore projects trying to get off the ground.

    Have faith. I think the news will come through by the end of March.
 
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