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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 yhzsailoron Apr 12, 2012 12:45pm
376 Views
Post# 19786317

RE: RE: RE: RE: TRYING TO BE POSITIVE

RE: RE: RE: RE: TRYING TO BE POSITIVE

You are correct I made a typo, but if you note my math, 600k x 3.5 = 2.1 MM.  I just forgot to update the number in my posting after I did the math correctly. 

Note I also said current run rate.  I'm smart enough to realize they've committed to increase their expenses.  However I don't think there is going to be a $1MM expenditure.  The last PEA cost $80k, the bulk sample will not cost $900k. 

 

 

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