RXL 10.3% 16.0¢ rox resources limited

Future of RXL, page-12

  1. 553 Posts.
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    Rox is a classic case of overpromise, underdeliver scenario, whereby a small very vocal group of investors and the management continuously pump the stock for the short term SP gain and then the same group of people get surprised when the SP falls off the cliff given all the unkept promises, missed deadlines and weak fundamentals. Based on the low SP, it's obvious that people have heard enough and they don't want to hear more speculation. Let the exploration results speak for themselves, then we can start speculating on what's next. Currently, I believe it's fairly pointless to talk about production, because there is not enough resource, talent, capital, infrastructure (plant), ownership (JV) to commence operations.
    Last edited by csadeev: 08/09/21
 
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