RXL 0.00% 16.5¢ rox resources limited

2021 was a year of full on exploration for Rox with a huge...

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    2021 was a year of full on exploration for Rox with a huge volume of drilling.
    It was expensive but Hawke's Point funded most of it.
    Most result were good, anyone doubting that should look back at the anns.
    The focus now is analysing the results and advancing the mine restart studies.
    This is a lot cheaper than drilling and Rox will not need to raise more cash until Q3 imo.
    Some investors are fixated on individual drill results but Rox has very little to prove with one JORC upgrade last year and another due before June.
    The only drilling that is significant now is Grace and near surface but that isn't make or break for a restart.
    So 2022 is big picture, focused on how and when Rox will get into production.
    It's an exciting time imo and the patient investors will be rewarded.
    At the same time. Fisher and Eureka plus the Youanmi Shear exploration all have the potential for a big surprise such as another Penny
    or a Bonanza grade resource at Wagtail or a copper/gold discovery.

 
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