Looks like I have to concede at being overly optimistic of a 16.5c price by Sept 2012, unless of course something pops out of the blue in the next 2 weeks.
The assumption at this market cap is the current deposits are not economic.
Why are TECK continuing to drill ? To waste more money on a frivilous attempt to prove an economic resource?
The answer to the 2 questions above is definitely not they are not a green overly optimistic like myself to keep drilling and at such wide spacings and different deposits on the tenemant. They can see the massive size and so can I
It just encourages me to buy more and more until one day the econmics becomes clearer to the market and it will be like chasing a SIR...
Looks like I have to concede at being overly optimistic of a...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
0.015(10.3%) |
Mkt cap ! $65.15M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $83.51K | 553.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 51532 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 153815 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RXL (ASX) Chart |