heggarty on oxr and prom hill back in 2005

copper was $2/lb
Gold was $500/oz
Zn was .80/lb

work had just started on Prominent Hill

Owen Heggarty was describing it as "one of the world's best undeveloped gold and copper deposits, particularly at current gold and copper prices."

what???

current gold and copper prices????

but copper is NOW $3.10/lb ...50% more than in '05
and gold is $770/oz...50% more than '05

wouldn't that make PH an even better gold and copper deposit?

at the time OXR was trading at about a dollar before going to $4

the share price has only risen to $1.34 on a 50% increase in metals prices which is interesting

Not only that but the company was a long way from making money from the project.

we will probably start getting money from PH by the end of the year.

ie. money in our hot little hands

read on


http://www.asx.com.au/asxpdf/20051206/pdf/3tmc2fjzfz1zn.pdf