RXL 1.61% 15.8¢ rox resources limited

Ann: Rox accepts $21M offer for Reward project,MZN-RXL.AX, page-50

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  1. 8,188 Posts.
    lightbulb Created with Sketch. 131
    So true Joe,

    I sold out of RXL after they sold off the Reward project.
    Other companies closing their nickel mines while MH is still throwing more money on the same lazy deposits which are not viable to be mined and may not be for a long time to come.
    He is only looking after himself and is not creating value for share holders and that is my opinion.
    Look at the management of Mincor , they are hands on and very respected in the Industry , what have they done?
    They have put their nickel mines on hold till better times and concentrate on gold resources on their tenements and have already quite a few Oz discovered that can be mined cheaply and toll treated.

    RXL is a lost cause and the money from the Reward project will be soon spend , and then the next CR.

    jojo
 
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15.0¢ 15.8¢ 15.0¢ $92.95K 602.1K

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16.0¢ 356030 5
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