Good stock Mav to compare similar price movements for RXL.CHN's...

Good stock Mav to compare similar price movements for RXL.

CHN's price fluctuations over the past few months provide a basis to glean a sense of RXL's comparative market movement and for that matter, how stock pricing of junior miners in general can vary.

CHN Date Closing Price % Gain % Retracement Details
16/3 .16 Trading Halt
23/3 .38 +137% Announcement
8/4 .565 +49% High before ann.
15/4 1.035 +83% Announcement
5/5 1.265 +22% High (CP) before retracement - Total gain from 6/3/20..... 690.5%
18/6 .865 -31.5% Low (CP) before recovery
13/7 1.185 +37% High (CP) after recovery
29/7 1.025 -13.5% Current price

RXL Date Closing Price % Gain % Retracement Details
15/6 .024 Trading Halt
16/6 .05 +108% Announcement

22/6 .062 +24% High before ann.
23/6 .073 +18% Announcement
7/7 .087 +22% High (CP) before retracement - Total gain from 15/6/20..... 262.5%
29/7 .057 -34.5% Low (CP) before recovery - Current price

If RXL experiences a similar recovery (assuming .057 is the low), a 37% gain would take the price back to .078c. It took CHN 25 days to move from it's 18/6 low to 13/7 recovery high, so who knows what time period we could be looking at. This is only one example of stock behaviour, by no means a prediction of fact DYOR.

However, given the current POG, together with continuing high grade mineralisation discoveries and pending JORC, our potential recovery, is imminent. AIMO