Ive had a look at Crysos C79 and it could be very similar and something to keep an eye on for sure. Especially the lagest newmont deal.
I think you could be onto something here. XRF has always been a market leader but it looks like other xray products are becoming available in the market that appear to be doing something similar.
I've scanned through it but will take more time today to go over the differences.
I don't think at this stage it is enough to break the thesis as XRF is still a high quality small cap I believe caught up in the current turbulence of what is going on in markets.
However if another company is starting to do something better than we should all be concerned.
Lets keep an eye on this
XRF Price at posting:
$1.58 Sentiment: Buy Disclosure: Held
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