Good try Sabretoothed, but you conveniently left out a number of...

Good try Sabretoothed, but you conveniently left out a number of items in your OXR calculations which make OXR worth much more than what you have represented.

OXR is only in its third quarter of production, and the results have been nothing short of excellent. They will be ramping up gold production to much higher throughputs than currently. Then there's the copper, considered to be the real worth of Oxiana. Production is expected by 2005 and you have to take this into account when comparing stocks.

No-one currently invested in OXR is expecting outright profits until 2005 and beyond, I wouldn't imagine, as they are embarking on the development of copper mine production facilities.

SGW may have its merits, but please take all aspects into account when deciding on which is better. Personally I think OXR has much better growth prospects, in fact from what I have researched i can't find a better mining stock from the view of what it will be valued at in two years time.

Cheers