RXL 4.00% 12.0¢ rox resources limited

i think they were initially conservative..., page-107

  1. 7,618 Posts.
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    Good discussion here. Unfortunately, the ‘story of the week’ gets buried by non-holders attempting to tarnish its shine.

    Sadly, selling out to hawk instos is the only way to raise funds at ASX. And in Oz, Patto’s is one of the very few willing to do it. Speccies with a true story will survive the backlash selling while others will simply get lost. So why waste time on an issue common to all speculatives. I have seen some of the high-profile posters here with negativity on RXL raise, bragging companies with a lot lesser substance on raise issues and disappear with the sp.

    RXL have issued half of yesterday’s volume to raise 5mil for drilling a zone with already massively mineralized sulphides. Personally I thought it’s a win. Let the issue scare mongering be secondary, at least until the battle between the issued issue and the massive prospects get sorted out next week.
 
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