RXL 0.00% 15.5¢ rox resources limited

Tomorrow price?, page-60

  1. 56 Posts.
    I might be reading this wrong but Teck has to spend a minimum to aquire the 70% which I believe has not been met yet. If this is correct it would cost Rox minimal funds to conduct a feasibility study as Teck would fund the majority of this. Also adding to the fact that Rox is an explorer not a mining company and want to commercialise thier interest in Teena, I see this as a win win for Rox as the funds they raise from this will go towards Fisher so I don't see a CR in the near future.



 
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