keep an eye on Oxiana - OXR - with the better leveraged September 2002 options OXROA. This is a great story unfolding, with a joint venture with Rio Tinto (80/20) in the Sepon prospect in Laos.
The new drilling numbers are starting to come in , with some more probably to be announced at the AGM this Wednesday. Gold and copper. This just might be, just might be a bonanza mineral province.
Do your own due diligence, see some of the broker reports on www.oxiana.com.au - valuations up to 0.80c, with OXR last trading at 0.30c. However, these valuations were generally done with a gold price under $US300, and before the recent round of drilling results.
If there was some red stuff below to read, I'd recommend you do this, as OXR may becoming a ramped stock (but for good reason IMHO). Hot stock, set to sizzle.
SPROCKET.........
OXR Price at posting:
0.0¢ Sentiment: None Disclosure: Held
