BUX 3.75% 7.7¢ buxton resources limited

Ann: Very High Grade Graphite Drill Intersections, page-43

  1. 306 Posts.
    re: Ann: Very High Grade Graphite Drill Inter... Well as a long time holder this was welcome news, many of us long time holders have been through a lot with this company. i am glad i held. For those of you who look down on BUX i do understand some of your views, i must say the trade before trading halt which brought it up to a high was a tad suspicious imo even if on lowish volume. Likewise the drop off on widowmaker was imo a bit suspicious. However i have to commend management that they have maintained a low budget and moved forward on shareholder interests in a steadfast manner. The yalbra project holds much promise and for a while some of us knew this. i honestly think that as yalbra is drilled out the SP of this company will reach 60c+ when compared to syr and being so heavily undervalued.

    I wouldn't hold out much for zanthus, i am undecided whether i am glad management is moving forward on zanthus, ultimately i don't have a lot of faith in it due to the crap results by companies over the entire range and the poor geochem of the area, regardless of intrusives or now i am not confident in it at all. however i would love to be disproved. for this reason i have a firm belief drill results will crap out the success of yalbra a bit so perhaps it's good they are drilling now. prepare shareholders old and new for a bumping and interesting ride as the company is finally reevaluated.

 
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