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13.0¢ rox resources limited

Ann: Aircore Drilling at Fisher East, page-6

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SIJoe

3,883 Posts.

143

21/07/15

22:02

Post #: 15671033
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Originally posted by mornington ↑

Be patient on this stock as it has substance.I strongly suspect and I hope drilling will confirm the clustered EM anomalies to the south are shallower expressions of the EM anomalies to the north which require diamond drilling.That being the case I would expect Nickel grades in the order of 2-4% to be found there.All the current Nickel attention seems to be centered on the Fraser Range.This is crazy given the grades are low,the geology poorly understood and exploration expensive,given diamond drilling is a requirement.You also need to find an elephant sized deposit at these grades to make a go of it.RXL is within trucking distance of existing processing facilities and the grades significantly higher.I would expect a significant upgrade in the share price before the end of the year.I should not be talking up this stock given that I am currently trying to buy more,however I wish to guide the poor and battered resource investor of recent years into a project of greater of greater merit.

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Going to take more than your positive hope hope hope to fire this dead dog up

RXL Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $53.37M

Open	High	Low	Value	Volume
13.0¢	13.0¢	13.0¢	$38.46K	295.8K

Buyers (Bids)

No.	Vol.	Price($)
5	234979	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
13.5¢	106056	4

View Market Depth

No.	Vol.	Price($)
4	230979	0.130
8	604900	0.125
11	596231	0.120
2	17454	0.115
4	68099	0.110

Price($)	Vol.	No.
0.135	104806	3
0.140	214871	5
0.145	491895	7
0.150	101644	2
0.155	105000	2

Last trade - 16.10pm 26/09/2024 (20 minute delay)

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