This has become a joke now!
I am now convinced that Fox is being used by Jinchuan as a lottery ticket. It will be interesting to see how long the $17.8 million that Jinchuan poured into the company will last. My guess is not very long.
How can anyone have confidence in a company run by a Mining Engineer who has delivered nothing to shareholders since his appointment. Fox's operations just seem to be way too small to entice any investment into the company.
Fox just keep missing the boat. Missed the Nickel rush and now seems like they will miss the iron ore rush.
It wouldn't surprise me if early next year they decide to explore for bauxite because the price of aluminium hits $2 per pound.
Good luck to all you loyal Fox supporters, you're going to need that and more.
new company strategy
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