I have copied and pasted the following text from getsmart on ozestock.com>>>
Huntleys Recommendation: Oxiana Limited OXR )
Recommendation: Lighten into Price Strength
OXR's final quarter of 2003, while off the pace of the previous quarter, was still sufficient to see annual gold production exceed the company's original forecasts by 30%. In spite of this, it is our view that the gold and copper projects are fully valued in the share price and the share price looks stretched above $1.05. Sovereign risk shouldn't be forgotten about either and shareholders might consider taking some profits. However with exploration programmes soon to kickoff at Sepon Gold, Khanong Copper, Prominent Hill and elsewhere it would be a brave sole who didn’t retain some exposure. Stunning results delivered by the company to date demand respect.
OXR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
