The Brains Trust - 2020, page-1599

Gold junior RXL worth a look. Came off base of 2.4 cents with a $12.4 million over subscribed CR.

Then spiked with recent stunning results - currently 7.3 cents. Assays from hole with visible gold imminent.

MD Alex Passmore has stated object to take it to production. He’s hitting all the right notes. Highish quality gold close to surface. Better grades deeper. Mining permit and old plant on site.

He’s going to use the CR funds drill drill drill and then start production either by getting the stuff toll produced or producing. Some good podcasts including this one.

https://podcasts.google.com/feed/aHR0cHM6Ly9yc3Mud2hvb3Noa2FhLmNvbS9yc3MvcG9kY2FzdC9pZC83NzMw/episode/N2UyZGQ3YjYtZjMwMC00MjI4LThlOTAtNmNlNThkMGU1YTk5?hl=en-AU&ved=2ahUKEwj-46PgyJnqAhVGb30KHaAKDx8QjrkEegQIChAE&ep=6

Wants cash flow so as not to dilute shareholders. He owns 32 million shares and recently bought 4 million on the market and participated in the CR.

Also has Mt Fisher nickel reserves.

Summary
1. good management
2. cashed up to drill drill drill
3. potentially great gold reserves - greater than 2 million Oz IMO
3. nickel also - high quality

Disclosure. I hold