RXL 0.00% 17.0¢ rox resources limited

Ann: Trading Halt, page-19

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  1. 1,499 Posts.
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    I'm feeling mischievous enough to quote Post #: 59613521 from about a week ago...

    "...Rox have a history of smart budgeting, they spend a lot on exploration when they are well funded but they cut their expenditure when heading for a CR.

    Mid year should see a CR and that will come after the next JORC upgrade and Scoping Study.

    IMO Rox have targeted $1 a share before the next CR."


    (Highlighting above is mine. )

    M0ngy is a great source in my opinion and much appreciated...for an insider.
 
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