RXM – Rex Minerals

Barry Fitzgerald in todays Age cites a recent float RXM, a gold explorer, having personnel from the old WMC.

He is enthusiastic about its management and its four or five prospect sites are in potentially good areas.

Shareholders include LHG 12%, AVO 12% and Lion Selection 4%.

Not a lot of available shares on the screen so patience will be required to accumulate.

Because of the big player interest thought it may be of interest to other gold followers.

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