RXL 7.69% 12.0¢ rox resources limited

Ann: New near-mine gold targets identified by IP geophysics, page-6

  1. 8,047 Posts.
    lightbulb Created with Sketch. 963
    that’s the problem with rxl they promise mining and they go and waste money on new discoveries

    decent companies with sound management will start mining and then look for new discoveries to avoid more heavy dilution straight consolidation

    I called for another consolidation in 5 years when they announced last

    rate of money wasted and further amount will be wasted soi will be huge again

    passmore waited until funds dried out to raise at low sp

    RR doing the same, he knows he needs more money why didn’t he raise when the sp was over.34c?

    the cr actions of both past and present ceo’s leads me to believe that someone is dictating cr’s
 
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