Eeek an Exponential Growth Curve For Oxiana (OXR)

Submitted by Marco on 24 April, 2006 - 18:25

Oxiana (OXR) Stock Price Chart

Wow... Oxiana (OXR)has had a brilliant run. Basically Jumped up by 18.2% in a week to $3.25 for week 16 of 2006. "Oxiana produces gold and copper from two mines in Laos and studies are also underway to expand both these operations. The Golden Grove zinc/copper mine in West Australia was purchased in mid 2005 while the Prominent Hill copper/gold project in South Australia is targeting a 2008 start-up. An aggressive exploration program is underway at all the above as well as in China and Thailand." Would I put money on it? Maybe. Perhaps draw an actual exponential curve, and if the price retraces to that curve, buy it then with a tight stop loss, while also watching the Gold and Copper prices.

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