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08/08/14
14:07
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Originally posted by Chestermemate
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Never was so much owed by so many to so few . Is a Winston Churchill quote can be be
applied to the small band of Farmers on the YP that took up the fight against REX Minerals and have won .
It is very sad that the Farmers allowed the project get this far where investors and long term holders
ploughed in so much money. . I think the farmers waited and waited until the time
was right then set about to punish everyone and hit REX as hard as possible.Well they have had their way , yes of course REX can
still apply to mine at the sight but with very limited options. The initial mining option was profitable and the alternatives will see
a conceptual rethink with copper values now too low to be profitable with other methods. I lost heavily as so many others have
and I still think the farmers are a mean lot for letting it linger on for so long before they brought down the curtain.
I have changed my option to Sell now and get back whatever I can salvage.
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Interesting times ahead. Not an ideal situation we are in.