FXR 0.00% 0.2¢ fox resources limited

Any mining co. would fall over themselves for the assay results...

  1. 114 Posts.
    Any mining co. would fall over themselves for the assay results achieved by our Fox from the latest announcement.
    Hasn't done as much as anticipated to the share price which is quite common if you view past chart patterns.
    Always seems to form a flag formation of some sor reachging a high then coming back to a low and consolidating within a range.
    In this case, the high seems to be $1.97 with a low of $1.72. I believe once the high is breached and remains breached for a day or so then we'll see higher highs where $1.97 will then become the support level.
    But we can't complain since in Sept, the sp was around $1.20 and now @ $1.90 (say) gives us a 58% increase in 3 mnths. Back in early Oct. the sp was around $1.30 giving us 46% increase in 2 mnths which ain't bl**dy bad !!
    But this is merely my amateurish interpretation so please ensure u do your diligent research & analysis.
    For now, this 'slow & steady as she goes' approach does me just fine.
 
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