The thing that puts me off investing in RXL is while they have...

The thing that puts me off investing in RXL is while they have awesome grades - the intercepts are very small, and there announcements look like a lot of grade smearing

"which is an assay found within the larger intercept. Quite often an intercept will have 3 or 4 or 5 includes; in this particular case there is just one. So, within 9.8 meters we have an incredibly high-grade intercept of 0.80 meters in length. If we take out that 0.80m very high-grade intercept we’re left with an additional ~9 meters of ore. If only there were a way to calculate how the rest of that ore would grade if we remove that 0.80m uber-rich nugget. "

https://microcapclub.com/2012/04/smearing-assays-a-look-at-misleading-drill-intercepts/

Example 1 : [email protected]/t = 869.75, including [email protected]/t = 844.2, So realistically there's a small high grade 6m and the other 19m contains roughly 27g split between it or 1.42g/t - which is still viable, if that is indeed consistent, but its very misleading.




Example 2 : 8m @ 37.25g/t = 298, Including 4m @ 73.81g/t = 295.24, So again, Awesome grades, but really there's only 3g of gold in the other 4 meters which isn't exactly outstanding....