RXM rex minerals limited

❤️ potential Copper multi bagger, page-9

  1. 539 Posts.
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    Hi troff,

    Your post triggers some questions that have puzzled me about the drilling programs at both Hillside and Hogs Ranch.

    I was surprised that the Hillside deep drilling was not given a priority in 2021.

    I would have thought that the potential to bump up reserves at Hillside would help greatly when chasing project finance. Consequent potential for bumping up the share price would also be mightily attractive particularly if (heaven forbid!) there were to be another capital raise.

    Crossing the Pacific to Hog Ranch, I also wondered when there seemed that cash was available, why there were not two drilling rigs employed to cover the wide range of seemingly very attractive drilling sites that have been reported.

    Perhaps the (soon to be reported?) results from the current single rig drilling at the Ranch will give the share price a decent upwards and permanent blip?


 
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