When I check on the progress of Rex Minerals it reminds me of a Dalmation my parents owned when I was a young boy. This Dalmation instead of having black spots had red spots . His show name was Red Karpunie Walapo and was a multiple Grand Champion winner at the Sydney Royal Easter show . Yes he was very impressive but he had one flaw and that is he was unable to Produce . We had a line up of lady dalmations who wanted to be part of his bloodlines but alas all the bitches went away with their tails between there legs and came up empty pawed. However after his retirement he lived many years in luxury as a champion should. Yes he could not produce and like Rex Minerals has all the champion attributes as well . If you compare Rex to many other stocks on the ASX with similar discoveries and JORC we lag so far behind in market capital and a pathway to production . Every bit of good news Richard Lauffman spreads around the market has no impact whatsoever . So it looks like Red and Rex have a lot in common but at least Rex still has a slim hope of being able to be tagged a producer one day and we live in hope for that day .
When I check on the progress of Rex Minerals it reminds me of a...
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