Beacon Equity Research Awards Rox Resources Ltd. (RXRS.PK) a $0.20 Target Price
Rox Resources is focused on acquiring Canadian mining properties and plans to explore for copper, zinc, gold and other valuable metals. The company’s main mineral property is the Fox Mine which is located in the Canadian province of Manitoba. Nearly 12 million tons grading 1.82% copper and 1.78% zinc were extracted from the Fox Mine between 1970 and 1985. Beacon Equity believes that the value of untapped mineral deposits associated with the Fox Mine could easily exceed $6 million and may approach $12 million. The government of Manitoba has issued legislation in the past which encourages the exploration and development…