RXM 0.00% 46.5¢ rex minerals limited

Double digit SP, page-17

  1. 2,558 Posts.
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    With Cu prices around $3.30 and rising don't really care one way or the other. Copper price may not have gone up 30% yesterday but Rex was lagging. Last time copper was around $3.30/lb RXM was around 50c after sliding from $3+ on $4/lb copper prices.
    Right now RXM mc barely more then the value of land owned by RXM on YP.

    With Cu prices expected to go up to $4/lb next year I can't see that many holders jumping at take over offers below $1.
 
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