RXL 0.00% 15.5¢ rox resources limited

no i sold gold 2 years ago on advice and never looked back never...

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  1. 14,254 Posts.
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    no i sold gold 2 years ago on advice and never looked back never touched a goldie since (except selling some newcrest a year ago)

    im super bearish on it as i have made clear on the short term thread last year or s o

    my belief is it could go to 800-100 (with 800 a reality) which may never happen but means i wouldnt touch it with a barge pole

    as a fund manager i know says - you dont buy milk and bread with gold


    I have traded RXL mostly in the past as well as having a core so i cant disagree with you totally as its probably been one of my best $ returners but at this level the story is too good at this price and market cap not to hold itl at least some - tho it does need to consolidate I agree

    its a good stock to make money off either way

    ironically theres an announcement nearly every time where its 100%oversold (in the past) thats where the moolah is
 
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