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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 MAKEITBACKon Aug 22, 2011 8:17pm
288 Views
Post# 18968855

RE: 1.7 cents cash per share

RE: 1.7 cents cash per share Orex cannot be worth nothing because cash per share is worth 1.7 cents. Goldboro has over 1 million oz of gold and not counting what OSISSY has done in the past two years. This stock again, I like to keep saying.....way under valued.I don’t think anyone is saying Orex is worth nothing. If I thought they were worth nothing I would not be here. This is about the value assigned by the market. It is what it is. I buy ounces in the ground. The rest is all window dressing. Eventually true value emerges. The question is, what will evil men concoct in the interim to steal that value from the shareholders. I suspect that a lot of shareholders are moving their money into companies like Kinross and Agnico who are rising rapidly right now. They probably think they can come back to Orex with their profits when it looks like Orex is moving again. I can’t say that I blame them. It does seem like dead money right now. However, I hold a core position and I will be watching whatever transpires.
Bullboard Posts