Discussion with Alex Passmore, page-24

Having read the Quarterly and M0ngy's report on his talk with RXL's MD the recent sell off makes no sense. IMO the explanations posted here do not stand up. I think that a big holder has decided to sell down or out. Big holders are too smart or well advised by canny investors to exit positions because of individual drill results. Nor do big sell offs necessarily mean a lack of confidence. Holder x may have many millions in profit and wants the cash for all sorts of expenditure. If I'm fight the share price will be low until he is done and will then jump. We just have to wait it out and top up.