Hi Guys Happy Days... Link to my previous 2 post for anyone...

Hi Guys

Happy Days...

Link to my previous 2 post for anyone interested

https://hotcopper.com.au/threads/an...5415496/page-16?post_id=44862229#.Xusb2UUzZPY

https://hotcopper.com.au/threads/an...5415496/page-29?post_id=44868760#.Xusb1EUzZPY

As most likely expectation the price has broken upwards.



Last three days volume and dollar figures are phenomenal. On a 3 day trading comparison after breakout both the volume and dollars are higher than the first 3 trading days of DEG breakout.( which I was also a participant)

RXL - 960 million shares traded with a dollar value of $43.4 million.
Over 100% rise.



DEG- 365 million shares traded with a dollar value of $40 million.
Around 300% rise




The above is no comparison of the quality of drill holes and discovery but just volume and dollar involved figures. Although the share price closed at 4.7 but since yesterday more volume was traded at 5 and higher prices. Something to think about. Buyers rush in to buy putting upward pressure then profit taking takes place by sellers. Buyers are happy to buy at higher prices and sellers are happy to cash out at 100% or more profit depending upon their purchase price. I took a 400% profit in DEG and thought did very well.
The stock is nearly 200% more today than my sold price. Had I held it would be a 12 bagger for me. Got excited with 4 bags.
Right now RXL is close to 5 bags with a decent size holding in one account and 1 bag in my trading account.
Thanks RXL management and all the boys and girls here who contribute good information. From my past experience, me thinks the share price has plenty room to run. This could only be just the beginning of a great bull run for RXL.

I had a chat with Alex yesterday. Amazing guy always answers my call and explains things nicely. Good on you Alex.
We are happy to have you.