BUX 3.51% 5.9¢ buxton resources limited

Ann: Matrix Manganese Project Acquisition, Arizona, page-13

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  1. 874 Posts.
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    @JandJ

    Well, firstly, you are wrong about my understanding of the BUX story, i do realise they are a project generator.

    And they have down well with IGO now paying for exploration at dogleg and CW.

    But with cash of circa 1 mill, and no partners prepared to fund exploration at the graphite project, Narryer project, Centurion project et al, they've decided to generate another project that will require 1 mill spent over 2 years to move to ownership.

    I am wondering how many read the release and got past the "Mn price increase 32 percent this year" and "adjacent to the 6th largest Mn deposit in the world" and actually did a little digging.

    First and foremost, why is the 6th largest Mn deposit in the world (right next door) not being mined?
    Last edited by cactusjack17: 14/05/24
 
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