RXL 1.82% 13.5¢ rox resources limited

i think they were initially conservative..., page-88

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    Interesting to see the spoils of recent success with the diamond holes are being enjoyed by a group who did not hold shares prior to the discovery, and will no doubt sell-out in a non-emotive grab for cash...

    No loyalty, no care.

    I was suspended for telling it how I saw it last time...so will not do that again, but I find it hard to understand how shareholders would be happy about the above scenario.

    I believe the placement could have easily been raised above 10c.

    Now we have the results from diamond drilling coming in as I suspected they might...and as stated when the price was 9.8c...and maintain that in my view, the grades from the RC drilling (when announced prior to the sell-down), clearly supported the rise in share price prior.

    They certainly did not support a sell-off from 9.8c down to 6.6c or so, which I fully believe was entirely placement driven.

    Enough said.

    Cheers!
 
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