RXM 0.00% 44.0¢ rex minerals limited

holding ground, page-14

  1. 2,755 Posts.
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    I'm not really seeing the value in this company at $2...
    At $2 RXM has a market cap of around $175m, that's more than a quality junior producing company like SLR, who has significantly more gold.

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    GOLD SILVER and COPPER all sound good to me.
    190,000ozs Gold
    10.5Mozs Silver
    ??? Copper
    and adding!!! and thats just Mt Carrington!
    Holding on tight!
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    190k oz doesn't seem that much gold, CCU has 4x that amount of silver with a $9m market cap, there must be A LOT of copper to make up the rest of the value. I wouldn't be buying this stock based on those figures and ????'s on their copper resource.

    In comparison to many other gold companies RXM seems way overbought. Unless I am missing something. Feel free to fill me in, but looks more like a traders spike which will come back to earth in the short term...
 
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