FXR 0.00% 0.2¢ fox resources limited

announcement out, page-16

  1. dma
    4,618 Posts.
    OK Anomoly, I see what you are saying..........my thoughts were, that Streeter positioned himself as the Director for a reason and I believe the reason was to make sure the deal was going to be organized with the Chinese (Jinchuan) and the fact Streeter has allowed the Chinese to acquire 2% more of the company than his holding and with the options buy in gives them 15% further down the track, so they already are well on the way to controlling things, with a seat on the board, it will be very easy to take control........ Streeter has paved the way.......... with all FXR,s great potential tenements and needed funds to get things moving again.

    The direction of announcements seems to be more conservative than before...........but that could be Streeter,s influence.......we will have to see what unfolds.

    Thanks for your thoughts.

    Cheers dma
 
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