When I read the Quarterly Report today I thought yes a little bit of promise in the content and
maybe the shares will go up just a couple of points . As the day drew out it became obvious
that this was an announcement that did not please most people/investors and they quickly
opted to bail out at any old price. I have had a chance to get out of this stock years ago at
$3.00 right down to current prices but had confidence in the future of this company . Now
things are looking very grim and doubt very much they have a future . Upon my retirement
I thought that instead of a pension I would take a lump sum and invested in RXM as I
thought that would give me a reasonable return on my capital for a mine life of 15 years or so .
So foolishly I kept buying on a falling market to average out until I now hold more shares than
3 of the six of RXM Executives .They are not certainly buying even at rock bottom prices .
The value of the 6 Rex executives worth in Rex Minerals is (8 million shares @ .057 cents) or
$456,000 at CMV. Yes very disappointed at todays 10.9% fall after what I call a reasonable report.
Why doesn't the ASX give RXM a please explain . I am sure the response would be appreciated
by us frustrated shareholders.
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