something is up, lithium?, page-29

Hi Kates9999,
I have met and spoke to Ian recently at the Sydney RIU conference at the Sofitel in Sydney. I am a shareholder and I can tell you he left me worried. They are right on the borderline in regards to money. If they don't sell Teena we are in trouble. The execs are earning big salaries. Tek will have last right of reply so if RXL is squeezed for funds they will have no choice but to accept any offer. This was also put to me by several brokers on the night. I also met SGQ's chairman, John Prineas, who impressed me with his presentation. He doesn't earn a big salary and has put huge amounts of his own money into the company. SGQ is going places. Their nickel grades are far superior to RXL and they have gold exploration to come. Some of their grades were over 8% and shallow.Last year this time they were about 7 cents. Now they are at 17 while RXL flounders with their billion shares. If I could exit RXL at even money, I would gladly put it in SGQ.