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


To: Bob Fairchild who wrote (1440)5/23/1999 6:02:00 PM
From: LAURIE SELINE  Read Replies (1) | Respond to of 2522
 
Bob: The really encouraging news is that it held up so well. I think we're going to see a lot of good news from here on in.
Regards
L.



To: Bob Fairchild who wrote (1440)5/23/1999 6:29:00 PM
From: virginijus poshkus  Respond to of 2522
 
Bob, i will be very happy to see some specific news on mauritania, based on the stock moves and serge buying there is no doubt in my mind that some big, real big stones were found. i can't wait for them to release the find.

v



To: Bob Fairchild who wrote (1440)5/23/1999 10:29:00 PM
From: Dave Duggan  Respond to of 2522
 
Just my hypothesis - perhaps rex mgmt was supporting the price till the euro private placement goes through.

In the case of FLA (- Fairmile gold that I mentioned earlier) during the time I watched it there were actually seven occurrences where someone drove the price up 50 cents and then a large cross trade would occur. Then the price would collapse a half hour later.

The last thing you want is for the price to collapse just as you are about to ink a deal that will provide money to meet the payroll.