Unfortunately for us shareholders, there are many differences between RXL and BGL including BGL have a very predictable structural architecture that the geos know and understand, tht doesn't seem to be the case with RXL. Secondly, BGL have great continuity on their lodes which are all clustered in one system. Developing out to Paddy's Lode from UG will be an expensive bugger of a job at $10-15k per meter of development.
I will continue to hold because I think they will get taken out for their 3m oz. However geologically, this deposit from the limited info I have looks challenging. not to mention processing the refractory gold. GLTAH
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2 | 41250 | 0.160 |
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5 | 293472 | 0.145 |
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