RXL 3.45% 15.0¢ rox resources limited

Flux, I agree and at least Ian could come up with a new...

  1. 792 Posts.
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    Flux, I agree and at least Ian could come up with a new euphemism. Even "exceptional" can hit it's use by date. Yes the recent announcement was not that amazing but it will have to be stupendous to get the SP up in this market. I'd say the best we can hope for is a bounce to 5c in this market.

    Actually there's a new euphemism right there. Let's hope for a "stupendous" assay result sometime soon.

    In other news... Gold sector getting crushed and I think that's infecting lots of other small cap miners. And all this while the market bounces.

    It's going to be a bumpy several months for miners and a potentialy rout if commodities like gold stay down long enough for mines to shut, reserves to be written down and projects written off.

    But if world economic growth finally begins to move then surely this would be a contrarian low?
 
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