RXL 0.00% 12.0¢ rox resources limited

Ann: Mineral Resource Upgrade for Fisher East, page-24

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  1. 792 Posts.
    lightbulb Created with Sketch. 88
    This abomination is finally above 1cent. A very suspect turn of events in the share price so I guess we'd better stay glued to the screens and hope for something substantial.

    I have been in and out of this stock (mostly in) for the last 5 years. It's been painful to see a constant stream of relatively good news during that period but a share price that has gone from about 5 cents to what it is today.

    Very frustrating but I have fixated on this stock as a good learning experience in following an explorer over a longer period of time. Needless to say I have learned alot and gained perspective on how these companies live, dilute then die or succeed.

    I guess with this one it's getting to crunch time. Cash running out and a share price that makes future raisings prohibitive. Whatever ensues in the coming days or weeks had better be good!
 
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