Clarkey , let's just keep a few facts in mind .I was slammed to smitherines because i started selling at 160 then 140 then sold my shares out at 126 .i did this because I was treated like a mushroom by DH when i asked him why the share price was falling. I bought back in with some options at 44 .Anyone can recognise that a mill of what is it 850,000 ton per annum is fairly serious for any company, and this mill it fully opperational . Fox is to have a second mill Elizabeth Hill , the refurishment of which is to be paid for by one of it's customers .This mill has milled a serious amount of Silver for it's previous owners .There is a million onces of silver laying in tailings dams which Fox owns , which will just be loaded onto trucks and carted probably a stones throw .Anyone who knows anything about mining , would recognise , Whando as a high grade deposit -and there is a lot there what 3 years , plus there is still plenty at West Whando .Ashyia , is a high grade Zinc deposit , a fair part of which grades 13 g/t zinc .Fox claims 3 years of nickel at Razorline .We all know they got heaps more .Legend is about to run VTEM over Legend & Fox's land .Legend has to get fox to mill there ore , or move a mill to the Pilbara . We haven't any idea what the deBeer's leases hold .A lot of companies would be most envious of Fox, milling capacity & back-up resources. 2 mills & 5 years feed & debt free & contracts for everthing it can produce is not a grim reeper / Doomsday sinerio .Those investors who just follow the herd will never make any serious money .
FXR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
