RXL 0.00% 17.0¢ rox resources limited

Yes a good ann and only 2.8 cps. If you want quick gains, double...

  1. 10,075 Posts.
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    Yes a good ann and only 2.8 cps. If you want quick gains, double baggers this year, sell Rox asap and buy low MC juniors that haven't completed the pump and dump cycle. You will either lose most of your investment or make a killing.
    Rox is a very good bet imo but it's not for the trigger happy retail investor.
    Rox is now in the process of restarting a gold mine. It will be a long haul. The DFS isn't until well into next year, the CR for the mine capex will come after that, in Q4 2022 or Q1 2023.
    It is only then that RXL will really take off but when it does it will be a multi bagger.
    Meantime it will disappoint the short term retailer investors.
    Of course there is always a chance Rox will find another Penny in which case it will be a multi bagger overnight.
    But if not then patience is needed now, or sell out.
    I've posted this Capricorn chart before and its worth your attention.

    https://hotcopper.com.au/data/attachments/3462/3462270-6d536e64ef64ab6b70406321806f8c96.jpg

 
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Last
17.0¢
Change
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Mkt cap ! $62.79M
Open High Low Value Volume
17.0¢ 17.0¢ 17.0¢ $30.42K 178.9K

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1 2490 17.0¢
 

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Price($) Vol. No.
17.5¢ 200000 2
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Last trade - 12.53pm 14/05/2024 (20 minute delay) ?
Last
17.5¢
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17.0¢ 17.5¢ 17.0¢ 7745
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