how 'bout RXL....it is getting close to 11 month lows (ie close to the lowest price since the Rio Tinto deal was struck in July last year)
2 things against RXL is that zinc is not exactly the resource de jour and secondly punters are still snakey over Director Dickson seling most of his holding last November. but that aside RXL has a 15 million dollar exploration deal with Teck resources and operations are to commence soon. the leases are in the NT and we have just seen an exceptional wet season. Field work has not been possible until now and the market has lost interest.
According to this 2006 kitco article the Teck Resources deal ticks the boxes we should be looking for in a promising speccie,
http://www.kitco.com/weekly/paulvaneeden/jan202006.html
- Forums
- ASX - General
- june bargain bin stocks
june bargain bin stocks, page-14
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)