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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
Comment by canada7on Nov 12, 2009 11:03pm
327 Views
Post# 16482438

RE: How many Drill will OSK use will determine ...

RE: How many Drill will OSK use will determine ...
Great!
OX is much better today than 2 month ago.
1) No more dilution;
2) 2M oz of gold soon;
3)  New acquisition soon (we just do not know when and what will be acquired, but surely they will acquire something);
4) Some one else pay for the drilling cost;
The only minor issue is that an insider kept on selling while the rest of the board kept on buying, but the selling insider has many shares (12M shares as 2008). We do not have many days with great trading volume, and thus if a large holder want to sell millions of shares, it may take several days to several weeks to complete. That is the only thing negative about OX as far as I know.  I guess that longs probably have to buy all these shares in the open market, and once this is cleared, OX should jump.
Bullboard Posts