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: gg cox who wrote (1461)	5/25/1999 11:01:00 PM
From: Dave Duggan	Read Replies (2) \| Respond to of 2522

Well I almost brought myself to place a buy order on this puppy today. But - I saw a lot of overhang at 3.10 (plus it was a crappy day overall) so I waited. Then as the day dragged on a constant offer of 80 at 3.05 while the bid of 300 at 3.00 kept getting chipped at till there was nothing left. Then in the closing minutes someone with gonads stepped in and the offer at 3.05 disappeared or was bought. I still have not bought this puppy but VP I will tell you what I was going to anyways. The last time i saw a major insider buying his own company like these were the only shares left on earth was the DFR (Diamond Fields?) geologist after he located that big reflecting bronze coloured mountain - I think his name was robert friedland or friedman - something like that. So that is what got me excited about rxd. I promised myself if I ever saw this happen again I would pound the stock with every penny I had. On the other hand this strategy while perhaps well intentioned by the insider does not always work - just ask Robin Dow of NDN-V who has sunk 300k into nothing. The difference between Serge Muller and Robin Dow appears to be their conviction (read as size of investment). You don't put that much money into something unless you really know something or you are so bloody rich/foolish that you don't care.