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Orex Exploration Inc. V.OX

"Orex Exploration Inc is engaged in the exploration of gold mining sites located in Nova Scotia, Canada. The Company owns goldboro project in Guysborough County, Nova Scotia."


TSXV:OX - Post by User

Bullboard Posts
Post by yhzsailoron Dec 11, 2008 6:24pm
440 Views
Post# 15641471

Thoughts

ThoughtsSeems also that with the second drill on site and with a great fallweather season that they made good progress.  I'm eagerly waiting tosee what we get for results for the 2B & 2C phases.

Anyone else remarking to themselves just how well positioned OX is?  According to their annual financial statements they have cash in the bank, which probably will carry them through this year and well into next.  They own the property and resources outright - no royalties to anyone else.  Its a historically known resource, surrounded by other historic resources, and every hole they drill finds gold! 

Any word from the annual meeting? Too bad that they couldn't have at least had a conference call and web presentation sharing available, doesn't seem like that would have been too expensive or difficult to organize, but appreciate the frugality - put every dollar into qualifying this property.

This is the one company that I hold that hasn't depreciated by 50% or more, or fluctuate wildly so I keep buying on the dips.

Comments from anyone else?
Bullboard Posts