RXL 1.96% 12.5¢ rox resources limited

don't run, page-28

  1. 897 Posts.
    Agreed, Nickel,along with tin,zinc,lead &silver are good long term holds for me - nickel is especially attractive - so RXL is a no brainer with the gold being icing on the cake.

    So I can't see RXL being less than 10 cents this time next year if they continue to strike nickel like they have and if TEK strikes zinc in their Reward- jv tenement in the NT later this year.

    If both Mt.Fisher & Reward this time next year are both successful economically viable projects,then even 10 could be on the conservative side.

    So on the balance of probabilities,and with a years worth of news to come on exploration on two projects - and with the current sp being 4.3 - it's a fairly cheap punt I say,and a good one at that.

    Good luck to all holders.
 
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