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16.5¢ rox resources limited

Already in a few explorers that you have to wait ... I am not...

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BartBart

1,352 Posts.

125

12/08/21

15:27

Post #: 55240010
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Originally posted by m0ngy: ↑

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.

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Already in a few explorers that you have to wait ... I am not expecting quick money.
Had 1 go up multiples lately mainly due to the big name MD who came over for the mine ready company.

But RXL is the only one I am in who has been pumped and dumped (the process which was helped by some one here) and it sitting in the cellar.

RXL Price at posting: 42.0¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 16.5¢		Change 0.000(0.00%)		Mkt cap ! $64.83M

Open	High	Low	Value	Volume
16.0¢	16.5¢	16.0¢	$29.51K	181.0K

Buyers (Bids)

No.	Vol.	Price($)
17	859331	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	432001	5

View Market Depth

No.	Vol.	Price($)
17	859331	0.160
11	448720	0.155
8	326672	0.150
5	185689	0.145
2	12142	0.140

Price($)	Vol.	No.
0.165	432001	5
0.170	401734	3
0.175	179581	3
0.180	181185	6
0.185	232334	3

Last trade - 16.10pm 30/05/2024 (20 minute delay)


Last 16.5¢			Change 0.000 ( 1.54 %)
Open	High		Low	Volume
16.0¢	16.5¢		16.0¢	19132
Last updated 13.45pm 30/05/2024 ?

RXL (ASX) Chart

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