If the billioaire guy who owns Q Gold takes out VMC he would have a major stake in RXL. A backdoor option for Q gold to own a major stake in Rox and potentially make a T/O bid, maybe a joint T/O with Hawkes Point. M&A is heating up in the mid-tier and junior gold space.
RXL Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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