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Gold/Mining/Energy : REX DIAMOND MINING TSE:RXD
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To: Bob Fairchild who wrote (1313)4/26/1999 9:24:00 PM
From: virginijus poshkus  Read Replies (2) of 2522
 
B, the stock held up very good today. it appears to be consolidating. quite a few shares changed hands early with the selling pressure diminishing as the day went on. although many will think the action today was a pump and dump scenario, the company did not come out with any news other than serge's share purchase. as i said before, you don't pick up the kind of shares serge has unless the goods(diamonds) are there. how else could he ever sell so many shares on the market without depressing it to lower levels than what his purchase was. by this reckoning i am convinced of some major news coming out of Mauritania or SL in the near future.

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