AXO 0.00% 73.0¢ aurox resources limited

Hi GG,The inside trader stock pick of the week.This weeks pick...

  1. 1,052 Posts.
    Hi GG,
    The inside trader stock pick of the week.

    This weeks pick is AUROX RESOURCES (AXO)

    website: http://www.aurox.com.au/

    Aurox Resources Limited (Aurox) is an Australia-based company principally engaged in mineral exploration. The Company is a magnetite iron ore producer. It has various projects, including Balla Balla Titanomagnetite project and Yalgoo iron ore project. Aurox’s Yalgoo tenements, Wadgingarra and Carlaminda, are located in the mid-west iron ore province of Western Australia. Aurox announced the completion of its option to purchase 100% of the Balla Balla iron ore project during the fiscal year ended June 30, 2008. Aurox drilled 33 reverse circulation holes for 2023 meters at Yalgoo. Indee Southwest copper-gold project and Yalgoo copper-gold project are the other projects of the Company. Aurox’s Indee Southwest tenement is prospective for gold, copper and nickel mineralization. The Wadgingarra and Carlaminda projects are 100% Aurox owned and lie within the Yalgoo mineral field of Western Australia.

    source: Google Finance
 
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Currently unlisted public company.

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