Ann: $3.2 Million Mill Lease and 50% EGMS Sale Package, page-149

MXR has struck a rich gold seam....NOT. No Berra....have you not been following recently. MXR did a major consolidation of share on the basis of 115 : 1 taking the total shares on issue down from about 3.48 billion to just over 30 million (if I recall correctly) Consequently the share price on consolidation had a theoretical value of 11.5 cent based on its pre-consolidation price of .001. Today has seen a bit of a lift in price as post consolidation the actual market price has been well below the theoretical price I see that it did have a high today of 8.7 cents which is just 2.8 cents below its theoretical price.

There have been some posters who have been spitting and fuming about the fact that it has been well below the theoretical share price value. However, there is a bit of hope that the price may lift closer to that 11.5 cent theoretical base based on the action today. Here's hoping.