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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 gsgoldon Sep 24, 2010 10:03am
311 Views
Post# 17487827

RE: 3-5 million ozs

RE: 3-5 million ozsI agree and using some rough numbers I think share price should be much higher. Example:

20 year mine wirh 3m oz roughly 150,000 oz. per year.
$800 cost 500 profit per oz. == 75m profit
cost per share roughly 10 X earnings = 750m/165m shares = roughly $4 dollars per share.

Yep things will get better & a lot.
Bullboard Posts

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