RXL 8.82% 15.5¢ rox resources limited

Some Interesting Insights, page-39

  1. 294 Posts.
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    After bumbling along, mostly under 2.5 cps for about 5 years, RXL was seriously rerated by the market in July 2020, and briefly rose to almost
    9 cents. Quite understandably many took notice (for the first time?) and jumped onboard.
    I suspect that many of the holders, who acquired RXL at this time are now the disillusioned who are expressing their disappointment on this site.
    However, the actual facts of the Youanmi holding, and Rox's strategy, have not altered.
    RXL remains an explorer, with an historically proven resource, great future potential, and at current price, huge potential leverage to the POG.
    As one who has held since well before the re-rate, I understand the sentiment of those who are currently underwater with RXL, but would stress that, despite feelings about the MD's remuneration package, Rox is still a serious buy.
    GLTAH
 
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