RX Exploration (RXEXF)

[StopTheInsanity]

At the moment RXE is managed by three men:

Murray Nye - the only employee
Max Polinsky - former CFO and a contractor to Venbanc (a company he owns 50/50 with Murray Nye)
Mike Gunsinger - an independent contractor paid $625,000+ in 2010.

They are responsible for focusing upon Drumlummon and making us ALL rich. Our mutual alignment parts ways when:

1.theyattempt to mislead shareholders about the origin of mill feedstock inthe June 22, 2011 Press release - and this is easily verifiedby examining the samples already published for "D Block", Charly,Christmas and Empire Veins; the Dissidents are processing back-fillthrough the mill.

2. they spent millions of dollars on core drilling since 2008 and has yet to deliver an updated 43-101 to scope the magnitude of the reserves of Drumlummon vein complex.

3. the former CFO wrote checks totaling $60,000 to himself without Board approval or accountability,

4.The formerCFO is relieved of his duties because he lied to the Board of Directorsabout terms and conditions surrounding $1.5 Million capital equipment purchase which he told the board was a lease,

5. all three (3) participated in creating a company to compete with RXE - "Montana Gold Mining Company" - in the eventyou've forgotten, Max and Murray still hold control of "MontanaGold Mining Company" The former CFO is currently a Director of "MontanaGold Mining Company".

6. they subjectively and arbitrarily decide which assets belong to Drumlummon and which assets belong to "Montana Gold Mining Company" - Silver Bell JV outside of Silver City, MT.

7. the CFO Loaned $50,000 to a private company under his personal control without Board approval - "G3 Minerals",

8. they engage in hiding MSHA violations, and associated fines from Shareholders,

9. they accuse others of nepotism while ignoring the despotism of Mike Gunsinger hiring his son to dig the "Gunsinger Decline" for $10+ Million - seems a bit self-serving no?

10. they entered into a non-exclusive lease of Roy Moen's Philipsburg Mill without informing shareholders that we are paying $30,000/mo + 2% royalty to Roy Moen; for which we have Drumlummon Feedstock set-aside in favor of other companies,

11. the CFO took a 7-figure junket to Europe in search of "investors"-without beingsituationally aware that Europe is a bit distracted with being Europe atthe moment - one of the 3Ms flew in the wrong direction -he should havegone to Hong Kong or Shanghai if he was serious about raising money.

12.theycannot remain focused upon getting ore out of Drumlummon and maximizingthe Philipsburg Mill. We recently received a PR suggesting they are intalks to get Bald Butte Molybdenum deposit into a JV to exploit. I could give a damn about Moly - RXE's Mission statement says :

RX ExplorationInc.'s strategy is to re-examine mineral projects within North Americathat have previously reached advanced exploration,underground developmentorpast gold or silver production.

http://www.rxexploration.com/


In my opinion, that means RXE is a Gold Mining company who enters existing properties to exploit today's spot price....not unlike the mission statement of Montana Gold Mining Company controlled by Murray and Max:


Montana Gold Mining Company Inc. (“MGM” or the “Company”) was formed to acquire and re-examine goldand silver projects, on a selective basis,that have previously reachedadvanced exploration, underground development or past production. The Company is particularly interested in gold projects located within the mining friendly State of Montana,USA.

Why do we want men running RXE company who operate a competitor?

Why do we want men running RXE company who took a competitor public early this year - when they were supposedly managing RXE.....after being collectively paid over $1.5million in 2010?

All Murray and Max would have had to do to get my vote is get a Drumlummon 43-101 out in June 2011 (as previously promised) and stay focused upon Drumlummon..."these dogs can't seem to stay on the porch