Post by
Flyder on Sep 30, 2021 10:58am
Review of ROX
I've just reviewed the news releases over the past 5 months and grabbed the saliant points:
1) 62 holes have been completed. Only 2 holes have been reported on. TWO! of which a great intersection was reported from one of those holes: 9.6 g/t over nearly 8 m.
2) 5734 m were drilled, an extra 734 m beyond what they had initially planned.
3) They focused on the Kendall and Blow Out targets, where grab samples as high as 4485 g/t Au were recovered.
4) Sprott invested in the company twice, and owns a whopping 31% of the outstanding shares. He has, on several occassions, mentioned Canstar when he lists the companies he's most interested in. After NFG, LAB, and SIC, he'll add on ROX. Seems to be a darling of his.
Results of 60 holes coming down the pike, some of which should be announced soon, and the stock is at .31, which is .065 below where Sprott last invested. I just picked up a bunch at .32.
Comment by
diabase1 on Sep 30, 2021 11:26am
Nice summary Flyder. Thanks.
Comment by
diabase1 on Oct 23, 2021 8:00pm
Any thoughts on why they drilled some East holes, instead of SE? The zone is dipping NW!! They should be drilling perpendicular to the strike. Is drilling from the same pad because of rough terrain?
Comment by
GoldGravy on Oct 23, 2021 8:33pm
Do they have a map with their drill holes aside from the ones that have resulted? If not they should. Also excited to see what they found on Blowout. diabase1 I am interested in your take on drill results and what you think about this project. To me everything is going quite and the marketis being lulled to sleep but maybe I am missing something.