RXL 0.00% 13.0¢ rox resources limited

can this continue?, page-5

  1. 12,454 Posts.
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    "I have seen many poster think RXL is next Sirius however I beg to differ Sirius hit a massive 70 mt thick strike ..."

    With all due respect shabandri ... Your post is really quite ridiculous! On July 26 2013, with great fan far, SIR announced a new discovery ....
    SIR Discovery Announcement
    Have a closer look, there was no such thing as "a massive 70 mt thick strike." That came a lot later! Instead we see 4 quite narrow hits mentioned at circa 180m deep. The main one just 4m @ 3.8Ni & 1.42Cu. Two holes are nothing 1 & 2 metres, and the third is 15m with no assays. A fifth hole was a duster.

    Not knocking the announcement, but the hits were ordinary at best. Looking beneath the surface though, after a closer reading of the announcement it became clear there was something more to this. Indeed this was confirmed over the next few weeks as results kept getting better.

    So comparing RXL to SIR at the time of their initial discovery is in fact VERY much a consideration. RXL look to have hit something quite special - very similar to SIR back then, and the market is responding.

    Remember, every major find starts out with ONE DRILL HOLE! SIR started out with that one on July 26, and RXL holders are quite entitled to compare many aspects of the two finds. Now we have to see if they can replicate & increase the deposit, ala SIR.

    Of course that in no way puts down SIR - No one in their right mind is saying that RXL is the same as SIR is TODAY ... as you mention they have put hundreds of drill down, and are well advanced. All RXL holders can hope is that they emulate their success.

 
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