RXL 3.03% 16.0¢ rox resources limited

Paddy's Lode, page-27

  1. 10,075 Posts.
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    For Rox's usually conservative MD, careful to not repeat the mistakes of his predecessor, RR is displaying a very high level of public confidence in Paddy's Lode.
    Rox have flown insto managers and mining journos to Youanmi and is quoted as suggesting that Paddy's Lode could be as long as the Youanmi Main Lode which is at least 700m. Rob thinks Rox could be producing up to 200K oz of gold PA which would produce a cash flow of more than $250m PA.
    Rob compares Paddy's Lode with the geologically similar offset lode that is diving Belleview's value.
    Although there is solid evidence in announced results so far to support these heady claims imo it's not enough.
    But it is noteworthy that the following drill holes at Paddy's Lode were pending more than 2 weeks ago.

    RXDD099: Shear zone intercepted. Assays pending.

    RXDD100: Shear zone intercepted. Assays pending.

    RXDD101: Shear zone intercepted. Assays pending.

    RXDD102: Shear zone intercepted. Assays pending.

 
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