hebei steel seeks to finance aurox project, page-34

Hi GG,
The inside trader stock pick of the week.

This weeks pick is AUROX RESOURCES (AXO)

website: http://www.aurox.com.au/

Aurox Resources Limited (Aurox) is an Australia-based company principally engaged in mineral exploration. The Company is a magnetite iron ore producer. It has various projects, including Balla Balla Titanomagnetite project and Yalgoo iron ore project. Aurox’s Yalgoo tenements, Wadgingarra and Carlaminda, are located in the mid-west iron ore province of Western Australia. Aurox announced the completion of its option to purchase 100% of the Balla Balla iron ore project during the fiscal year ended June 30, 2008. Aurox drilled 33 reverse circulation holes for 2023 meters at Yalgoo. Indee Southwest copper-gold project and Yalgoo copper-gold project are the other projects of the Company. Aurox’s Indee Southwest tenement is prospective for gold, copper and nickel mineralization. The Wadgingarra and Carlaminda projects are 100% Aurox owned and lie within the Yalgoo mineral field of Western Australia.

source: Google Finance