Looks like HMX is catching up to RXL's SP.
Slowly slowly, it's been a good week for both good companies.
A shame I don't have enough cash...
Yeah outstanding Qtr to be holding Gold plays... another like the June and I'll be giving up the day job >>>
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Was in Volt for heh graphite (been a long road) but they are turning into a Gold play 851,000 ozs estimate MC $38m - is in Africa but one to watch.
I'm assuming you also got the promotional email in your junk inbox for VRC?
Just reading some of the comments on HC, some are trying to compare this to RXL in some ways?
Similar shares on issue.
Similar Au reserves.
Would VRC have both the graphite mine in Tanzania and gold mine in Zambia in play?
Just moving a conversation with JBMurc to this thread.
Will put all in RXL today. I assume my investment is so small I am unlikely to move the price.
Very good think you will be a happy holder come Xmas ...
From RXL Qty-
Grace Prospect – Geological Interpretation
Grace is interpreted to comprise a series of north-plunging, high grade, stacked-lodes within the
Youanmi granite. Grace is located adjacent to the historically-mined Youanmi shear zone hosted
deposits located within the adjacent greenstone sequences. The Grace Prospect exhibits a ladder vein
array geometry – a feature of other granite-hosted gold deposits of the Yilgarn Craton such as Granny
Smith and King of the Hills. This style of mineralisation was not recognised at Youanmi by previous
explorers.
IMHO what RXL has uncovered in WA Aus is one of the most exciting new discoveries last few months in Aus .... could well be many MOz and if so will run like DEG
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
First thing I read after buying RXL seems reasonable. We are expecting a recession or depression this will cause deflation which will be bad for gold but I guess the playbook requires money printing so maybe currency debasement is stronger than lower demand. I don't know, we have had pretty massive inflation but it has been in asset prices not in the CPI. The article has helped to cool my ardour for gold. But as nothing is certain will hang in for the long haul.
First thing I read after buying RXL seems reasonable. We are expecting a recession or depression this will cause deflation which will be bad for gold but I guess the playbook requires money printing so maybe currency debasement is stronger than lower demand. I don't know, we have had pretty massive inflation but it has been in asset prices not in the CPI. The article has helped to cool my ardour for gold. But as nothing is certain will hang in for the long haul.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Reply With Quote
Originally Posted by Stumpynuts
Bookmarks