Cautious Optimism

It feels like I have been holding this stock forever, but probably only 3 years. A few times it has started to look very peachy but fizzled into nothing very quickly. Part of it has been the timing with the mining sector as a whole struggling and Junior miners not viewed as a viable risk for punters. For a long time it has seemed that RXL has been immune to good news. Geez for a while there it felt like they could find Lasseter's Reef and the share price would still not move. Maybe over a long period the good news has just stockpiled while the price has slowly fallen away and the stock diluted with capital raisings. And maybe it has reached a point where this junior is viewed by enough punters as a viable risk. Maybe there is enough strength in the results at Teena to finally tip the balance. Maybe Fisher East will hit some really good grades, or maybe that's hoping too much. I'm not getting excited but am hopeful that the tide may have turned...finally.