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


To: virginijus poshkus who wrote (1433)5/23/1999 6:56:00 AM
From: Bob Fairchild  Read Replies (3) | Respond to of 2522
 
I'll say they are shareholder friendly. When do you ever hear
it publicly announced that the CEO intends to buy a significant
percentage of shares in his company. A lot of companys would
have purposely depressed the price of their own stock (easy enough
to do) to allow the insiders to get in at lower prices. Instead,
Serge has bought a lot of those shares at market, just like everyone
else. This display is indeed rare and should be applauded.

Bob



To: virginijus poshkus who wrote (1433)5/23/1999 9:26:00 PM
From: Dave Duggan  Read Replies (2) | Respond to 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.