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Orex Minerals Inc V.REX

Alternate Symbol(s):  ORMNF

Orex Minerals Inc. is a Canada-based mineral exploration company. The Company is focused on precious and base metals exploration in Mexico and Canada. The Company is engaged primarily in the acquisition and exploration and evaluation of assets. It has several projects, including two projects located in Durango State, Mexico, the Sandra Silver-Gold Project with Pan American Silver Corp. and the Coneto Gold-Silver Project with Fresnillo PLC. The third project is the Valenciana Gold-Silver-Base Metals Project in Zacatecas State, Mexico. The fourth project is the Jumping Josephine Gold Project in British Columbia, Canada. The Sandra Project is situated north of the town of Tepehuanes, Durango, in the heart of the Mexican Silver Trend, midway between the mining districts of Tovar and Guanacevi. The Coneto Silver-Gold Project is adjacent to the village of Coneto de Comonfort, centrally positioned within the Mexican Silver Trend, over 100 km north of the city of Durango, Mexico.


TSXV:REX - Post by User

Bullboard Posts
Post by herbaciouson Aug 09, 2010 12:05pm
570 Views
Post# 17333757

RE RE NEWS OUT TODAY

RE RE NEWS OUT TODAYyes todays numbers were very good, it shows us that with the size of the property and now that they acquired the additional land that they were anxious to have, with more drilling  i believe they will prove heir point that this property is heavily mineralized.

Just my opinion, but i believe that since this property requires lots of drilling, a joint partner with deep pockets is required!

no sense in doing a PP, at these prices!

I also think that the share price is quite low at this time, and if  ajoint venture appears , one will have to pay up substantially.

A JV will certainly give shareholders confidence in the play, as why else would a joint venture partner step in , without doing their  own due diligence.

again
do your own due diligence

herb

Bullboard Posts