everything changed, page-4

loulou....you post ill informed. rxl never could have afforded to do the drilling without going back to the markets for cash (they had 600k in the bank at the time)and in the event that had discovered an economic deposit the probability they would have been able to raise the funds as a junior to develop are so low it was far too risky to chance it. As for Dixon selling out....if you look at his career...thats what he does....he gets mineral juniors off the ground and then sells out....thats his personal strategy....he sticks to it and it probably serves him well.
Personally I am more than pleased with how things are going and I communicated that with IM. The smart money came in after the RIO announcement and is coming back in now. Exploration is a slow and drawn out and RISKY process and 99/100....unsucessful....if you buy at the right tiem you get a free bet....if you buy at the wrong time....like when RXL is on the most discussed stocks on Hot Copper....you'll get burnt 99/100. I posted on an earlier thread about another junior that had a joint venture with a multinational. I will not mention that stock again b/c I got moderated last time. Add the dots and you'll figure which one I am talking about. Their share price has behaved in a very similar fashion to RXL and if you are patient you shold be rewarded and get a free bet