RXL

3.13%

15.5¢ rox resources limited

Whoops - In my post above I should have referred to Fisher East...

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La Tache

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15/02/17

13:40

Post #: 22633133
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Originally posted by good oil guy ↑

Agree with what you say, chan. And bear in mind that once they get in the $ from Teck they will get the drill rig out, with their many exciting targets. See my earlier post:
https://hotcopper.com.au/threads/an...2973680/page-43?post_id=21950012#.WKOvgp26xTY

Bear in mind, too, that Collurabbie - which clearly is under-explored - had some cobalt in previous drilling so that adds a bit of spice to a drill programme that already was going to be interesting because of the nice nickel hits in earlier days. Given Rox's nickel finding skills, I can't wait for them to start start exploring there.

Also any decent hits at Collurabbie could add critical mass to the nearby Mount Fisher nickel discoveries. And the reverse. Which reminds me, they've promised to get the drilling rig back to Mt Fisher when they've got the $ in, and there are many targets to drill there, especially to the south where nickel sulphide has been discovered but not followed up due to lack of $. Nice.

BTW, it's now "mid February", when the Teck $ is due in, so you can see why the SP is starting to warm up. Which also reminds me: I wish Marindi would refocus on exploration rather than court cases. It would be good for both Rox and them because they've obviously got some good skills at hunting out opportunities too and if they weren't distracting themselves big time with litigation on multiple fronts we could see what they were capable of out in the field.

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Whoops - In my post above I should have referred to Fisher East (the nickel acreage), not Mount Fisher (the gold acreage, where Doray is farming in).

RXL Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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Last 15.5¢		Change -0.005(3.13%)		Mkt cap ! $57.48M

Open	High	Low	Value	Volume
16.0¢	16.0¢	15.0¢	$135.9K	868.2K

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No.	Vol.	Price($)
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Whoops - In my post above I should have referred to Fisher East...

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Whoops - In my post above I should have referred to Fisher East...

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