FXR 0.00% 0.2¢ fox resources limited

downhill, page-25

  1. 3,606 Posts.
    I agree with madmarket, at least offer the discount to current holders, for godsake!

    pieces, (slap-slap) will you pull your socks up, the worst is over! If you sell you will only be a victim of your own doing! So sell and be off if you want as the choice is yours.

    I can understand you being upset presently because of the current SP but so many folk here are seeing the negatives and its going to get better, those who are impatient will sell and be off simple.

    Look at these real examples to guide your thoughts:

    -- Example 1 --
    Monarch Gold (mon) are also doing a placement to raise money to refurb a mill for production, they havent even started production but will be.

    -- Example 2 --
    Uran Limited (ura) are doing a discounted placement also, they havent even stated to holders what they have or will have besides potential promises (A gamble but worth the gamble) and need money to also complete transactions for carrying out final feasibility studies.

    Ok, now Fox have tenements and facilities, nickel production takes dollars to rev up to it, they are adding more exploration to prove more resources, they got off take agreements in place, etc etc, Its not rocket science to see what is going to happen!

    With regards to Low Grades of CU, that was for that month and as someone previously pointed out better stockpile management will sort that out, its not always going to be those grades till the end!

    Anyways, I hope you see my point, Fox is and will be happening (again) and regardless of what anyone chooses to do, the SP will climb (again) as deemed by market interest.

 
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