RXL 10.3% 16.0¢ rox resources limited

OK guys, lets think about this now. We are still ahead to where...

  1. 1,071 Posts.
    OK guys, lets think about this now. We are still ahead to where we were a month ago. So where are we now?
    238M - Ords
    68M ? Oppies
    76M ? Sophos placement
    30M ? Retail SPP
    10M - Tech

    $6.3M Cash

    We have a company with a JV with a MAJOR, Rio with a piece of action, cashed up and exciting tenaments to explore. I would also not discount any other aquisitions - GOLD??. You also fail to see the diversification here. WE dont have a one hit wonder to worry about. I think we need to give the directors some credit to how far they have taken this company. If you bought in at 12c then I understand the frustration BUT the directors dont work on time horizons in weeks but rather months.

    Do I think RXL will be trading back at the 12c and above region once Tech are onsiite? hell yes and I have $45K in this company to back that up. You have to look beyond the short term gains but the long term play. I plan to hold tight and those that do same will be handsomly rewarded in the long run.

    DYOR and IMHO
 
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