RXM 0.00% 44.5¢ rex minerals limited

Ann: Drill hole points to new discovery at Hog Ranch, page-14

  1. 648 Posts.
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    If I remember correctly, it was the luck of the draw that REX ended up with Hog Ranch. Gold price increase saw the company devoting more time to Hog and less to Hills.

    From my viewpoint, they were lucky to get Hog but I'm invested because of Hills. Since gold it's no longer at its recent peak, management focus hopefully has shifted back to Hills.

    Another month or 2 and the picture should be much clearer. Roughly 12 months ago, the share price was 4-5c and now it's say 40c. Excellent return so far. Can't complain. Glta
 
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