afr "oxiana takeover talks get louder", page-5

re: + takeover prospects? + One would think that if there was a possibility of a takerover, the share price should have risen more than 4 cents yesterday.

However, IMHO, OXR is cheap particularly as a copper shortage is taking place according to reports.

And of course one grabs a company while the price is low.

Actually, there are plenty of good prospects in the Laos Sepon District but what is usually forgotten is that OXR has excellent prospects in other countries as well.

The Management is top calibre and few can equal that. That is an important consideration when looking at a larger company.

I had thought that the price was rising in expectation of the drilling results. If OXR proves up an extra 15% resources than the already depressed price needs to go over a dollar IMHO.

Scarcity of copper should not be underrated.

And of course, gold is a useful support as wel particularly as production costs are low.

Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.