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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 blue_seaon Oct 27, 2010 2:17pm
543 Views
Post# 17619410

Is PAA the JV partner for Orex

Is PAA the JV partner for OrexJust some assumptions.

PAA is the JV partner for Orko. Orko & Orex have the same management. Coneta is in the vicinity of La Preciosa

-> so for me it's more than possible that in near future the JV partner for Orex is the same as the one for Orko -> simply Pan American Silver.

-> Pan American surely has a close view on Orex properties because the want the whole cake, not just a part of it. PAA will not wait until Orex has Coneta well developed because PAA is in compulsion to move for La Preciosa and this will be a expensive takeover. So at Coneta PAA could make a JV with good conditions in the early stage and Coneta could add big resources to La Preciosa after incommissioning & production.

Seeing the whole bashing group here, must be urgent. You can rate this down.

All the others REX seem to have a bright future IMO.
Bullboard Posts