No one can really predict when a stock hits bottom and rebounds. Observers can only see
the tell tale signs once it has happened. Rex had to rely on the commodity market recovery to make
advances on its lows of 4.5 cents. It had to wait for a strong commodity market to look at going ahead with
development of its Hillside undeveloped site . So lets see January 2015 Copper -$ 1.98 usd and yesterday
$2.26 usd ($2.96 aud) Iron Ore January $38.00 usd and now above $50 usd (67.96aud)
and Gold 1/12/15 $980 usd today $1260 usd ($1754aud) . It could be safe to say that with the
Commodities on the improve it will push Rex along a bit more. Today Rex had a sale at 7.5 cents so that is
good news for further advances now. The directors must be getting a little more interested now and shortly
will be getting back to those Developers who said don't bother me until things improve. Is the time right now
after all this time.
No one can really predict when a stock hits bottom and rebounds....
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