Rox Resources looks to be a promising gold producer

The benefit of the Sentiment Oscillator, on page three of the Weekly, has been highlighted again when it identified the market as being the most overheated we have seen in 15 years. That was the point to have been exiting the market, regardless of what you held.

This tool allows you to step back from the euphoria at the time and place the market in perspective. Those who did use the Oscillator and began selling into a hot market will be smiling now. You seldom get the chance to totally exit, but at least you can reduce positions near the peak.

They say that no-one rings a bell at the top. Well, the Sentiment Oscillator goes close.

Perhaps the most interesting gold companies I saw at the 121 Conference was Rox Resources (RXL), capitalised at $368m with a share price of 39c. It recently completed a DFS for its Youanmi Gold Project in WA. On the back of this study, it then raised $200m in a two tranche placement at 35c a share, using Canaccord, Euroz Hartley and Petra Capital. 

 WeeklyComm29November2025.pages.pdf