RE: WHAT AMAZES MEI didn`t sell anything, but I didn`t buy anymore either. lol, That amazes me. I got my chance to get out of this stock this week and i didn`t take it. I might end up being pissed at myself down the road...but I STILL believe in this story. Mark has tied himself to some pretty big promotional words for this little company like ``world class`` deposit for instance in the last news update. If he makes those kinds of statements and cannot deliver anything reasonable no one will ever take him seriously again and it will doom Orex. Mark doesn`t seem like the type to just throw out that type of info with no intention of backing it up. I expect a million plus in total resource and 2g`s per ton from the modest amount of drilling they have done for this estimate... anything more is great. I think the biggest indicator, no matter how many million ounces or lack there of are reported is the G`s per ton. This will be an open pit mine to start and its truely important to show that the grades on this property are economical.
I think thats what it comes down to here. If the grades are economical we should do well for ourselves. Orex has only drilled a small portion of this property using up to date methods.
Historical drilling proved to be economical even though the grades were under reported due to the nugget effect. Man power, location, infradstructure and a reasonable spot gold price all make the grades orex should report worth while to invest in.
I read another poster on here monday declaring that a news release was likely for this wed. or thurs. Obviously that didnt happen and i wasn`t counting on it anyways but has there been any other word out. Im conflicted on getting a news release on a friday. Monday seems alot better if in fact it is due any day now. Anyone else hear anything or have any new info on behind the scenes action this week...please feel free to write ;)