RXL 1.82% 13.5¢ rox resources limited

Positive the company raised capital just before a serious...

  1. 1,472 Posts.
    Positive the company raised capital just before a serious meltdown in USA and then world markets. Negative got a wall of stock offsetting good news.The good news is the grade is good.All under 100m. Nice to get the news but with limited drilling results so far raises more questions than answers. How long is the ore body? We shall wait. Gold ho hum. This is a very good start, very good. Couldnt hope for a better ratio of outcome/spend.
    May get better the deeper it goes. Too earlier to tell. But what the boss is saying is we were going to bang down one hole. We got exceptional grades so we banged down another under the view of getting a better understanding of the copper system. Second hole trumps second hole results.

    We have all got our favourite project. Im fixated by the Nickel followed by the Zinc play. but hey Im a whore I will love copper too if plied.
    Flux
 
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