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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 herbaciouson Jul 02, 2009 5:45pm
314 Views
Post# 16113843

re re calling herb

re re calling herbsorry i did not answer you i was very busy making cash so i could buy as much shares as i could after reading the most positve news release!

The news release was written very intelligently explaining what the game plan is as far as the 43-101, and natuarlly they want to produce a 43-101 thats as acurate as possiable, due to the nugget effect, obviously a lot of shareholders took this news release as a negative, because most did not understand what it all meant..
the question in this kind of deposit is always grade, and with the nugget effect it can be oof as much as 2or 3 grms different to the positve side, the news release explained  that a bulk sample was necessary in order to get it down to the wire.
i was up there a month ago and spoke to one of the geologist thats been working the property off and on for over fifteen years, he was so excited that this new management team is going to take it all the way to a resource deposit, he coomented to me that when all is and done 3to 5 million ounces he believes. of course thats going to take  time , as there is a bit to do here, i look at it this way if i own 1 million shares at average of 14 cents and hold onto to it for one more year, i am going to be very very happy.
 personally not like many aboard here have been accumilating not flipping,
this is going to be a mine, i have no doubt about that, , the company will begin drilling soon.
the 43-101 will be out when its complete and all parties approve the numbers, with this kind of deposit it needs the time.
if anybody feels nervous i suggest you sell , so i and my colleages can buy at this level, to add to our portfolio.

i thank all of you today that sold, i am not trying a jerk about it i genuinely thank you for the cheap stock.

always

do your own due diligence

if you are American

happy holiday tomorrow
rgds
 

herb
Bullboard Posts