What a debacle this stock has become. It beggars belief that FXR...

What a debacle this stock has become. It beggars belief that FXR was once near $2 p/share.

It will be nearly two years since an upgrade to Radio Hill gave shareholders some hope, however very little has been done since.
Firstly, Fox announced in 2009 that they are to resume production in 2010. Then they announced last year during the rights issue, that they were negotiating with Jinchuan Group regarding development, and that - quote - 'Jinchuan has expressed a desire to use reasonable endeavours to fast track the project to production'

The question needs to be asked whether Jinchuan were ever interested, and with the managing director just recently resigning, it signifies that they are no closer to production than at any time previously.

It's difficult to have any faith with this company and ultimately the shareprice is the final arbiter on the state of a company, and at 4.8c it says that Fox is a farce.