Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : REX DIAMOND MINING TSE:RXD -- Ignore unavailable to you. Want to Upgrade?

To: Diamonds Are Forever who wrote (1636)	8/1/1999 5:03:00 AM
From: Bob Fairchild	Read Replies (2) \| Respond to of 2522

I suggest that you call the company for peace of mind. The company is still in negotiations with the Sierra Leone Government for the underground mining of Tongo Fields and will not proceed with an investment their until they receive the proper assurances for security/mining tenure/ and tax treatment. This country has gone through eight years of brutal civil war and negotiations are ongoing to insure that this is not repeated. The company has raised $13 million dollars from people who know more than you and I and Serge is apparently ready to buy more shares. The operations in South Africa are now in a profitable mode, internet trading of the company's wholey integrated line of jewelry is to begin in September, and results from Mauritania are forthcoming. Call the company and they will tell you the same. If it goes below $2.00 I will buy more. GXC was a fraud - just check out their newsreleases DMW did some bad things to the Rebels and are not favoured to return to Sierra Leone IMO. It should also be noted that the rise in share price of Rex to over $3.00 occurred on relatively large volume while this drop in share price happened on low volume. This is supposed to be a good thing ! The drop from $2.52 to $2.20 occurred on just over 50,000 shares I believe. Bob