Australian (ASX) Stock Market Forum

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Hey Rico, bravery and stupidity walk a fine line next to each other :p: lol

My moxo trade will probably end up like BLZO, GGPO and AREO ie expire worthless= total loss,

But because my portfolio is very large now, I like every so often turbo charging it with a small very high risk very high reward play, and MOXO fits the bill

Here's some info regarding recent drilling

RESULTS OF THE STEP OUT DRILL PROGRAM
An additional seven drill holes have been completed as part of the step out drill program from previously drill holes at the Groundhog, Prairie Dog, Woodchuck and Hoary targets.

• An additional four holes have been drilled at the Groundhog Prospect. GHDD2 was drilled 200 m to the northeast and GHDD3 200 m to the southwest. These two holes have confirmed the lateral extent of intense IOCG alteration at the Groundhog target over a distance of 400m. Assays are pending.

• The third step out drill hole at GHDD4 was placed approximately 200m to the southeast of GHDD1. The main mineralised interval in GHDD4 occurs between 840m and 935m with consistent chalcopyrite and pyrite disseminated through the core. Some disseminated bornite is visible in the top 16m of this zone. Assays are pending.

• A follow up hole PDDD2 was drilled to the west of PDDD1 to test the interpreted dense basement rocks. Basement was intersected at 832.3m in brecciated, hematite altered Gawler Range Volcanics to 860m. The hole then passed into brecciated and hematite-carbonate altered sediments with abundant fluorite. Several veins of bornite and steely hematite occur between 876 and 883m passing into intermittently, disseminated pyrite and chalcopyrite mineralisation to the end of hole at 1116m. Assays are pending.

• A second drill hole was completed at the Woodchuck prospect approximately 450m tp the north east of WDDD1. Basement consisted of highly altered sediments overlain by Gawler Range Volcanics. Minor patches of disseminated bornite and chalcopyrite occur within the target zone. Assays are pending.

• An angled hole HODD2 was completed at the Hoary prospect. The first drill hole HODD1 (742670mE, 6497965mN) intersected 111m of hematite breccia. The angled hole was designed to intersect basement at the eastern edge of the residual gravity anomaly.
The angled hole was drilled to a depth of 1142.8m. Basement was intersected after 961.34m of angled drilling (or approximately 832m vertical depth) and consisted of weakly altered Gawler Range Volcanics passing into altered Hiltaba Suite granite. At 1074.8m of angled drilling the drill hole passed into a ~25m thick mineralised zone consisting of highly altered (steely hematite, amphibole, chlorite) sediments with disseminated bornite and chalcopyrite mineralisation at the contact with granite. Assays are pending.

CAUTION: DANGEROUS TRADE! NOT FOR THE FAINT HEARTED
 
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After watching this stock for several months, I have joined you in the ranks of MOX shareholders (from the USA). It seems to have bounced hard off of $0.45 over the last week. Is there any update on assays or joint venture negotiations? Any links to research reports or other resources also would be much appreciated.
 
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A new company with MOX joint venture is going IPO now.
It is also an uranium mining company. It looks like promising.
Any comments on this?
 
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A new company with MOX joint venture is going IPO now.
It is also an uranium mining company. It looks like promising.
Any comments on this?

I've just looked at this IPO as well. Has anybody had a chance to check it out and see if it is worth while?
 
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You all might wanna check the latest announcement. Looks really good. Moxy had a nice day today. Announcement was released pretty late. Tomorrow should be interesting.
 

Ken

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MOX is 39 cents a share.

Has anyone tried to put the pieces together with what is going on at punt hill?

They should be raising capital for further drilling as they only have 1.5 mill in cash reserves.

I think there is more to MOX, and its now when there is now news, and no hype, that those looking to go long should be considering entry point, or accumulation.

I am not a holder but believe the story is only half complete.
 
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Some exciting drilling campaigns to be conducted in late February 2010.

MOX got some hot prospects with the Melton project close to RXM's massive discovery and their Punt Hill prospect close to Olympic Dam.

Current market cap is 13 M$ and MOX got 4.8 M$ in cash and 4 M$ in their MEU shareholding so that leaves approx. 5 M$ for all of their exciting projects where they're partially free carried.

Exciting times coming up for MOX in the next couple of weeks.
 

Ken

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has anyone else noticed a little bit of action in the juniors of late... especially in the olympic damn region...

companies of note... AXT and also GUN seem to be 2 south australian explorers which have rallied very hard of late.

MOX seems to be very unloved at the moment.

They are expected to start drilling punt hill mid 2011 with their joint venture partner.

I'd sugguest there is very little action for MOX in the next few months, but it could be one to keep an eye on.

Share price could easily drop on low volume and allow for some opportunistic accumulation.

market cap approx $10million, and cash above $4 million.
 
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Entered Monax today. Looked good to me as a graphite play. Their Widdikee project in the central Eyre Peninsula is turning out to be highly prospective for coarse graphite up to 2mm. They are embarking on an accelerated graphite exploration program. SP broke out of a nice bowl formation yesterday on significant volume and closed above the rim(.060--.064)
 
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On November 27th, 2018, Monax Mining Limited (MOX) changed its name and ASX code to Auteco Minerals Limited (AUT).
 
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Interesting, it's rare to see a request for a trading halt to respond to a price "speeding" ticket.
Clearly, they are unable to use the standard response of "we know nothing".
 
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Interesting, it's rare to see a request for a trading halt to respond to a price "speeding" ticket.
Clearly, they are unable to use the standard response of "we know nothing".
They've linked it up with an overdue Ann about their Maiden Jorc I'd say
 
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Just lurking Barney. I’m pretty happy I stumbled across AUT the other day. Hoping for some positive news in the morning
Glad you are still kicking around:). Are you still trading FX at all?

The pre open on AUT looks very positive for sure ....Good luck with it.
 
Joined
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No mate just sticking with the local exchange. Yes it is looking positive, I’m just hoping it comes out of the halt tomorrow and doesn’t drag out to Monday
 
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