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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 desiboy420on Aug 28, 2009 2:34pm
263 Views
Post# 16259222

guys

guys

Hi boyzzz…

 

It’s a little funny to see you boys turning your wheels like that… first of all Scuderia430 no one new of these infill holes including the management… this only came up when the report was being created… until then no one new that they will assign 0 grade to the previous 97 holes… and even if they knew then no one knew where to drill the holes which one to twin… so on and so forth…

 

How the hell can we start drilling in mid September… lol… The financing hasn’t even closed yet… last time I talked to IR they think at least 2 to 3 weeks and that was just a week ago… They are still receiving proposals for financing… if they close the financing by mid September, complete all of the contracts for the drilling rigs… do the surveys, blah blah blah…my guesstimate is you will start drilling by end of October at least, bit is 1 month of infilling then you will receive the first results by January (subject to amount of drills they put on the ground), that’s just for the infills, to complete the drilling and and release the result you may be looking at least next summer… do not forget the bulk sampling, that also takes time…

 

Scuderia430 call me stupid but I can’t seem to understand your logic behind “this delay is actually good for long term shareholder value”… do you understand the concept of Dilution??? We’re only seeing the first few chapters of this dilution… there will be a lot more… a lot more… before this thing goes into production (unless we get bought out)… These delays have really really really hurt the companies rep., the long term shareholders and the interest by new investors… Who will ever believe Mark again during the next release?

 

“Make”  how could they have done a PP at 40 cents… stock promotion without a official release would have been virtually impossible…

 

My 2 cents and I’m repeating myself again… the potential for this property is sky high… no one can sit here and guesstimate how much gold is in the ground… the company on the other hand has made way too many mistakes to date… for a resource company they are totally lacking on the IR department… I have a few good friend who primary deal with gold and they have never heard of Orex or Goldboro… I’m wondering why… anyways… for starters they need to get the F’IN website up and running…

 

 

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