OXR oxiana limited

huntleys have it as a buy

  1. 3,589 Posts.
    For the OXR holders or wannabees, OXR has been one of the better-performing juniors over the last year. We normally take a conservative view of juniors with overseas mining projects, however, Sepon is of such quality that we have pushed any political or sovereign risk concerns we might have had to the background. OXR appears capable of further out-performance as the gold project hits its stride and investors come to appreciate the upside of the copper project. We believe the stock could move to the 80 cent level over 2003. At some point this year we expect profit-taking could occur, which may provide another trading opportunity late in the year in the lead-up to commissioning of the copper project.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.