RXL 0.00% 12.5¢ rox resources limited

could be 5bagger, page-2

  1. 48 Posts.
    Hi Simi, looks like you have a split personality. You really should write your posts after your afternoon sleep as you seem awfly grumpy (gives you away).

    Still who can blame you for been upset, after all who wants to see there hard earned pocket money halve in value. Still, you do make a good point that Blue Thunder does not have the best of records with regards to CDS & BNB. Perhaps time may save him however I fear on this one your right. First points to Simi, I mean 5 bagger or whatever you call yourself.

    Its interesting that you mention Chinese Mills cut production aling with Perylia who laid off half their workforce. Reason been that they are losing money. If they thought the price was on the way up surely they would keep production up but no they cut it. Then theres CBH who were going to merge with Perylia. You conveniently dont mention them or their share price.

    Go have a look at the Zinc stocks on the LME. There is enough Zinc there to fill the RXL superpit a couple of times over...and growing by the day.

    So the mother load at the RXL superpit runs in a northerly direction. Apparently notherly is up (hence closer to the surface. So it thickens does it (bit like your IQ). It will need to thicken by about 130 metres (in a northerly not southerly direction) to be economically viable but why let the facts get in front of a great story and credible management. How credible is management when they say a "near surface resource" is located 150m+ below ground...(unless you head north that is).

    Its costing BHP over 6 billion to convert Olympic Dam to open cut but and thankfully its not nearly as deep at the RXL superpit. Still RXL will only need to issue about 25 billion shares at 4.5 cents to fund to removal of the overburden.

    Best get saving your pocket money Simi to cover the next share issue.They say one is born every minute!
 
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