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Bullboard - Stock Discussion Forum Cipher Resources Inc DREXF

"Dorex Minerals Inc is engaged in the acquisition, exploration and development of mineral property assets located in British Columbia."

GREY:DREXF - Post Discussion

Cipher Resources Inc > bad News and the stock goes up?
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Post by JonnyRbuck12 on Feb 25, 2009 11:29am

bad News and the stock goes up?

Yeah ok, now ive seen it all. The last hope DOX had, their Slovak property and they lose the licence. Now the stock goes up? Could it be that DOX shares have dried out because of the small OS and can only go up? It says in the latest news release that their focusing on their Carmelita property, which somehow in the financials said is worth 300% more this year compared to 2007, but why? Also a change of directors? The only thing I could think of is that theres a company that wants to buy out DOX because their property is close to some larger find. 

Iron Ore is up this year because the americans want to keep buying/selling in their own country, so maybe due to the lack of selling Chile will be the next big Iron Ore area. If thats true, dox could see some sort of spike soon.



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