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

To: Bob Fairchild who wrote (2174)	1/10/2000 10:52:00 AM
From: teevee	Respond to of 2522

Bob, What do you think will be the total tonnage of kimberlite pipes on Rex's 100% leases across the minimum of four kimberlite provinces ? Total tonnage will be less than total tonnage at Fort a la Corne, and value per tonne will likely be less too. Last time I checked, kimberlite was worthless. It will be years until IF and WHEN any real, measurable value can be attached to RXD shares based upon Mauritania. Until that time, the RXD Mauritania projects are not assets. They are liabilities that soak up exploration expenditures. teevee

To: Bob Fairchild who wrote (2174)	1/10/2000 11:42:00 AM
From: Bob Fairchild	Read Replies (2) \| Respond to of 2522

I have been requested to pass on a message to the Rex loyalists on the S.I. board from the Rex loyalists on the Belgian board to place sell orders on your RXD shares with a limit price of $35.00 for a one month time period. It is felt this will undercut the shorters somewhat and force them to cover at higher prices. Bob

To: Bob Fairchild who wrote (2174)	1/10/2000 2:05:00 PM
From: rdww	Respond to of 2522

TGR has 4 hot kimber targets in Aust - they have recovered macros and many many micros - there is a record of diamonds being recovered and sold from thier property - but the manangement is not capable of promoting the stock. They are gonna drill the kimber targets which are so near to surface it ain't funny. They actually can backhoe to 30M and probably get 20-25M of 'kimberlite'. My pt - they seem as close to the payoff day as RXD - but until they drill - no one will pay up for the stock. TGR is a much tighter stock than RXD but as I've noted - they do not come close to the IR/PR machine that RXD has. RXD needs to get that drill program underway and then they can prove to the shorts that they are wrong - until then - RXD looks a little overvalued adn the tactic of trying to squeeze shorts benefits who? Most of the RXD shrholders proabaly cam in long ago, like way below $10. So a squeeze allows more stock from who to be sold at higher prices? Like to see a mine here - but right now looks like a very good mkt game.