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Gold/Mining/Energy : REX DIAMOND MINING TSE:RXD
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To: virginijus poshkus who wrote (1433)5/23/1999 9:26:00 PM
From: Dave Duggan  Read Replies (2) of 2522
 
Another accounting policy:
A lease is normally expensed over the life of the asset. That is why computer leases are only three years long - after three years who wants to buy them?

I am sure rex mgmt is a shareholders friend as long as rex mgmt can make money from them.

I used to be a shareholder in a company called FLA - Fairmile Gold.
FLA mgmt used to read the SI web site and played us shareholders like a fiddle. They made millions off of us.

Well imagine my surprise or lack thereof when I visited www.rexmining.com only to find a link to the SI website.

I want to make a buck and get rich too (I made 5k last week) but I want to do it without walking into a trap.

My questions are simple. They should have simple answers. If they don't then that is a problem. Don't you agree.

If the company is on the up and up then their explanations should be forthcoming without hesitation.
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