RXL 7.69% 14.0¢ rox resources limited

Ann: Youanmi (Grace) Shallow Drilling Delivers More High Grades, page-480

  1. 1,270 Posts.
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    The 10 cent barrier will be smashed with the announcement of further high grade drilling results.This week I would suspect.
    The point of difference between DEG and RXL,is that DEG will be confined due to the low grade,to the highest quartile of costs in extracting their resource.RXL ,however,will be in the lowest quartile.
    This is the essential point of difference.
    The question you have to ask yourself,is that where you would prefer to have your money parked in a 2,5,10 year time frame!.
 
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