RXL 13.0% 13.0¢ rox resources limited

Lot's of noise on this thread. Silly posts by non holders.For...

  1. 10,075 Posts.
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    Lot's of noise on this thread. Silly posts by non holders.
    For example, Rox has no gold, Younami is just a hole, no metallurgic results, Hawkes Point is selling out etc.
    Not worth responding to.

    What are the worst scenarios?

    (1) Link and Junction are dusters.

    While some but not all Link results have been disappointing Junction was always the more likely prospect as it had little historical drilling.
    It is just too early for Rox to know the results of the drill holes from 7th July ann.
    Also there will be more historical assays in the next results like the last one on this table.
    https://hotcopper.com.au/data/attachments/3360/3360812-6a7e2e190a4454da8f339e561db227e1.jpg
    (2) There is a leak from Rox, something negative had happened that we don't know about.
    There has been one leak in the past 2 years and Rox made sure it never happened again.

    (3) Feasibility study is complete and shows that Grace and near mine resources are uneconomic
    This seems too early and highly unlikely given the shallow, high grade JORC complaint 109.000 oz au @ 7 g/t oxide gold.

    Note that the sell off today was low volume, less than 500K shares on Commsec.
    The final signal was positive as the SP pushed above the MA.
    We have lost all the gains from a year ago but reached a technical bottom.

    Ignore the non holder responses to this post.



 
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