RXL 0.00% 13.0¢ rox resources limited

Ann: VMC: RC drilling recommenced at Currans North, page-18

  1. 5,702 Posts.
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    I was in this stock when they were exploring nickle, way back in the day, they also found a juicy zinc deposit which they eventually sold to Teck.

    I made good dough, but then it became rather clear that the previous Md Ian Mulholland was just turning the coy into a lifestyle affair , so I bailed.

    Good to see they turfed him, looks like Passmore is much more pro active and looking to get RXL into mining, they have an excellent nickle jorc with good grades, that will most certainly put them in good stead with the EV revolution coming our way.

    With Gold at record highs and a massive drill program now underway along side Vmc,( great JV BTW ) news flow should be abundant, after 6 yrs of being out of this stock, my finger is very close to pressing the BUY button, the only concern for me is the entry, its a bit high for me, but then again, I have to remind myself that RXL now has an equal share of a gold mine, has nearly 2m oz in total and that number will only increase with the current program, mix that with fantastic grades, how can one go wrong?

    Brunk, you can thank me later.

    GLTAH


 
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