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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 speckyon Sep 18, 2010 1:44pm
483 Views
Post# 17464661

RE: Rewards

RE: Rewards

  There is no excuse for a 3 mth delay no matter what way anyone wants to spin it. I think we all need to voice our discontent at the next shareholder meeting.As far as I am concerned no one has yet provided a credible explanation for this time delay,other than OSK being too busy to deal with us.As far as I can tell OX were planning to continue forward immediately with drilling shortly after the June 30th press release....waiting for OSK to give the go ahead.
   Instead OSK have decided to ignore OX with various explanations ie Summer duldrums,other projects taking up time,waiting for more concrete data. As far as getting this information quickly for OSK,what has the geological team been doing the past 3 months to not already have this information put together. I was told a long time ago that Alex had all of the information and modeling put together to establish a resource as the drilling data was released from the lab and that has been since June 30th(informal compilation of data).As far as I can tell OSK also have this information made available to them...so why are they sitting on their hands? 
    Are our management team working for OSK or OX? Am I selling ? Of couse not...I believe in this project 100% ,but am very disappointed with the delays and no explanation provided to shareholders. I spoke with IR on thursday and with all due respect to the gentleman that called me ,I heard a whole lot of words with nothing really being said,except that OX should be sitting down with OSK soon.

    If BOD are reading this ,please get together on a conference call and discuss a strategy to keep advancing their 100% owned land ,so that OSK delay does not minimize the total potential shareholder value and property potential.
    The only theory that I have for OX not doing this,is the drilling outside of the JV area was paid for by OSK and there is an informal agreement in place that OX shareholders are not aware of?  
      Comments welcome!  :)

Bullboard Posts