OXR oxiana limited

Is it a buy at these levels?, page-2

  1. 82 Posts.
    A definate buy, IMHO, even if we do see some retracement.. but then what eventuates from this afternoons AGM could be an influencing factor, I expect a very positive meeting, and they are also going to release further drilling reports in the next couple of weeks, which are expected to be quite exciting..
    Also with the gold pour starting in the last quarter of this year, and the expected finding of larger copper deposits, in the near future, this is a great company in the making.
    IMO the copper deposits will eventually prove up to be amongst the biggest in the world....
    The Institutions have commenced their buying and with expectations they will take up their usual 5%, shows confidence in Oxianas sound management and experienced board, which is backed by Rio Tinto holding 20% of the company..

    Although there are no gaurantees in this business, to me Oxiana is one of the better plays to surface for quite a while...
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Currently unlisted public company.

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