RXL 0.00% 13.0¢ rox resources limited

dont get shaken out

  1. 3,050 Posts.
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    RXL will cycle up and down as this story unfolds.
    Very easy to get chicken and run to protect profits.
    However, can I say that the numerous people I known who are young and retired from their wealth made in the market they did not make from trading and running quickly.
    It is by standing by the story and watching a good trade turn into a multi-bagger.
    Trying to trade the highs and lows and new announcements in my opinion only triggers taxes on profits, trading slippage and ultimately dramatically increases the odds of watching the story unfold from the sidelines.

    The reasons to stay the course in RXL's case is that todays announcement confirmed the conductor as representing massive mineralisation. With nickel orebodies in particular these geophysical anomalies are very reliable once confirmed as being a nickel body.
    So from here drilling out the rest of the conductor has a very high chance of further success.

    It also bodes very well for the other anomalies along strike.

    While the market cap of RXL is still very modest, this is still a buy not a sell to take profits.

    I am aexpecting more DDH visual results before we see any assays of the first DDH.

    all my opnion of course.

    gosouth







 
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Buyers (Bids)

No. Vol. Price($)
6 704470 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 25903 1
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
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