RXL 0.00% 17.5¢ rox resources limited

stop trying to imply that the entire 3Moz is recoverable. It...

  1. 2,203 Posts.
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    stop trying to imply that the entire 3Moz is recoverable. It isn't

    in underground deposits you'd be lucky to recover 25%-30% of the resource. That is what investors should be valuing. unrecoverable gold = worthless

    even for open pit resources reported as unconstrained, you'd be lucky to recover 60% of it.

    RXL will be lucky to even prove up the production schedule in the SS. there is risk that the PFS might fall short of that.
 
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