we are not happy, page-15

I've been in the OX since sub 10c prices. Sold a heap at huge profits that have changed my life. It still is 27% of my portfolio.

The 07/08 year always was going to be aslow year for OXR as PH was being built. I was at PH in Nov 07. Impressive is too weak a word.

I was in Tassie three wks ago listening to ZFX geo's presenting at Conference. Again a lot on the go. With low POZ some mines will close which should improve demand/supply relationship.

No T/O until merger completed. Then possible bidding war. $5 to $7 in 09 imho is worth waiting for.Remember PH is proving itself to have almost unlimited life with 2 or three more PH's still to be unearthed nearby. Martabe is progressing well.

I'm holding.