This is what happened to FXR after they got into bed with Jinchuan. in Dec 06 they hit $1.93
29/3/06 FXR share price 39c
Fox Resources entered into a binding offtake agreement with Jinchuan Group Limited for all copper concentrate sales from the West Whundo Copper-Zinc Project. Fox has also entered into a financing agreement with Jinchuan, who have agreed to provide $4m as a prepayment for sales from West Whundo.Fox Resources entered into a binding offtake agreement with Jinchuan Group Limited for all copper concentrate sales from the West Whundo Copper-Zinc Project. Fox has also entered into a financing agreement with Jinchuan, who have agreed to provide $4m as a prepayment for sales from West Whundo.
jinchuan deal must be good
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