BRX 2.50% 30.8¢ belararox limited

Ann: BRX Commences Maiden Drill Campaign at Belara, page-28

  1. 466 Posts.
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    At 45M MC this one seems overextended at this early stage.
    Mineralisation of 16.5m at 2.39% Zn, 0.44 % Cu, 0.96 % Pb, 35.69 g/t Ag
    and 0.49 g/t Au for 5.80% Zn equivalent from 337.0m.
    However SP movement has been quite strong, good tight register.
    I won't be a buyer at this level.
 
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