RXL 3.70% 14.0¢ rox resources limited

Ann: Youanmi Exploration Update, page-10

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  1. 921 Posts.
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    There will probably be a small sell-off because of how high the expectations of RXRC292 were.

    If you can't handle inconsistent results, you might be better off selling as this what the mineralisation is like here. The main-lode historically consisted of NNW plunging high grade shoots of ore with no or low grade area in between. Expect more of this roller coaster in the future.

    Meanwhile, another high-grade shoot is getting proven at Grace North with the same plunge as the main lode shoots, yet again. Further proof that the granite area is widely mineralized, likely with both along strike repetitions and at depth ones.

    Combined with the gold price still climbing and plenty of results pending in the current campaign, any weakness should be short lived.
    Last edited by BobbyMorane: 28/07/20
 
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