BUX 0.00% 5.6¢ buxton resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-6

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  1. 4,758 Posts.
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    I agree with the quality of the projects and the upside potential.

    Weighing on possible investors would be how thinly we are spread over so many projects though. $3 mill isn't going to get us too far so we need significant success before another CR comes knocking.

    Also, IGO ownership is a double edged sword. They have enormous control over our board through their strategic investment in BUX, and we are still waiting for them to move in our JV land.

    Share price is incredibly disappointing. My number one rule is to never average down. But sometimes rules are meant to be broken.

    Milesy
 
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