-
RXL- Rox Resources..
Hi All,
Just putting it out there, I have been tossing up between Excalibre or Rox, and am interested to hear if anyone is holding ROX or what they think. Anyone have any technical info or opinions?
Cheers
-
Hi Aotea,
Yes mate, I hold some of the 1.5c options, bought a small parcel around 1.3c.
Not as many issued shares with this one than Excalibur and this is primarily a Zinc/lead play.
There are 2 options codes
RXLOA are 1.5c convertable to FPO and expire July 31/2011
Watchout with others, as there are some 10c JUNE 2011 options as well and at the moment I cant remember which is just O or OB as in RXLO RXLOB
Between the two stocks, I myself prefer RXL for a longer hold, other than that, throw a dart and take your pick.
-
Originally Posted by Aotea
Hi All,
Just putting it out there, I have been tossing up between Excalibre or Rox, and am interested to hear if anyone is holding ROX or what they think. Anyone have any technical info or opinions?
Cheers
When you post this thread Aotea, I bought RXL for 2.6 soon afterward. Looks to be breaking back then with good volume. Been holding it all along, through and through, lost half my money on the way and BOOM, yesterday all made it worth while to persevere.
Not sure if Drilly is still on board.
-
Bought a decent parcel at 1.8 a while ago.
First diamond drill today found massive and semi-massive ni. Up to around 9c on the news (about 40% today), looking good for the drilling to follow...
-
Originally Posted by Aotea
Bought a decent parcel at 1.8 a while ago.
First diamond drill today found massive and semi-massive ni. Up to around 9c on the news (about 40% today), looking good for the drilling to follow...
Results are pretty poor, compared to say, IGO, MCR, PAN, MCR
Sounds liek a hotcopper pump and dump.
-
Tricha, I may be missing something but can one manipulate a volume of 158 million shares and two trading halts in one week to pump and dump.?
Last edited by airedale; 16-02-2013 at 07:24 AM.
Reason: further thoughts
-
Originally Posted by airedale
Tricha, I may be missing something but can one manipulate a volume of 158 million shares and two trading halts in one week to pump and dump.?
All these great nickel producing companies are struggling, IGO, MCR, PAN, MCR, WSA.
I suggest airedale, you have a look at their grades and do a comparision with RXL
RXL looks like a prymaid stock to me, if u got in low and manage to get out , good on you!
If you want to get in now, I think you are to late.
-
Tricha, I have no concerns about the grades at this early stage. They are on the edge of the zone, and the first drill of many hits grade.
theres a lot of drilling to go to prove up the resource.
Either way, bought in at 1.8 so easy bucks here. Will make up for a couple of other dubiuos buys ie zyl/avb.
Have picked RXL in the 2013 comp, so hope they do rocket...have a sly bet with a certain frequent poster, so would like to take that win off the old campaigner!
-
Tricha, there is more to RXL than nickel. They are in to zinc & lead in th NT, gold in WA, phosphate in NT.
they also have major Canadian mining company Teck as a partner.
Speculative but worth a punt.
-
Last edited by airedale; 05-08-2013 at 10:24 PM.
Reason: Spelling mistake on ticker code.
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks