BUX 0.00% 6.4¢ buxton resources limited

location to sir, page-2

  1. Jim
    951 Posts.
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    There is an old geologist adage - "mines are where you find them". SIR's market cap to me suggests the market is pricing a geological province into this discovery rather than just a mine, and in that sense, with its market cap of ~$5m and its other projects underpinning this value, then having the next tenement along strike from SIR is of more value than Mr Market is currently ascribing BUX. It will be slow for sure, but when results start rolling in BUX will play a very very rapid catch up. Its done it before on iron ore.

    I guess someone had to answer, hope this helps

    G'luck
 
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