As a late comer to RXL , I don't feel part of the flock, and only check in occasionally to see sentiment of the so called flock on any announcement. Bought in at 2.4 cents and now freehold after selling half at 5.8 cents, so I think I can give a less biased view on RXL than some may think is available from others. There were a couple of reasons for my initial investment, being, location of tenements with regards potential, existing resources and potential for take over down the track or moving the company towards being a producer. Nothing has changed regarding these reasons and although I share a small fraction of the frustration that some show about delays in drilling results, my investment style is not to worry to much and look to the long term. Now there are probably some traders around here that bought higher and have their nose out of joint. To those people I say your quick trade has become a medium term one , but with a little patience you should be rewarded. And to those who are longer in their outlook but become obsessed with every little delay or price movement, I say take a chill pill, turn the computer off till after the new year and go and have some fun.
Christopher
RXL Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
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