RXL 3.70% 14.0¢ rox resources limited

concentrate on Myrtle?mate, do some research.the company simply...

  1. 12,503 Posts.
    concentrate on Myrtle?

    mate, do some research.

    the company simply has no enough funds to look after Myrtle because she is a monster. The register will be diluted to pieces by the time enough holes are drilled.

    that's why they needed Teck. A big brother with deep pockets.

    Now Teck is looking after it all (ie, active operator), how do you think the company can focuss on Myrtle?

    the company is doing the right thing by having two projects that the company can actively explore.

    Without the new project, the directors would be eating & drinking our cash & do nothing while Marqua is waiting for the greenlight.

    It is nice diversificaation

    a strategy to keep steady newsflow &

    most importantly, keep hte directors busy.

    I would hate to see the company sitting on their bum for another 3-4 months when Marqua is on hold next time.
 
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