Orex Minerals Inc V.REX

Alternate Symbol(s): ORMNF

Metals & Mining Industrial Metals & Minerals

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.

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Orex Minerals Inc

Bullboard Posts

Post by GPRFANon Sep 20, 2011 2:35pm

423 Views

Post# 19062683

2 million ounces and Mgmt buying

I'm not terribly familiar with this company but I do own some shares because I like the fact that they already have a 43-101 for a million ounces of gold.

Sprott expects OREX to double its gold reserves from the current 1 million ounces.

Management and JV partner have been buying shares between 70 and 89 cents.

Lots of news scheduled for end of September.

Current Price? mid
.60's

What is wrong with this picture? Perhaps I should just shut up and buy up all that I can? Any thoughs?

Bullboard Posts

Visionstate set to leverage success in the U.S. market