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

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Comment by invinoveritason Dec 04, 2012 9:33am

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Post# 20679471

RE: RE: RE: RE: Orex Announces 43% Increase in Ind

I think for this ticker and many others in the jnr resource sector the next few weeks could be very rough. Tax loss selling is going to take the prices down more. More so in names were people are speculating a financing is coming. I'm sure I will not be the only investor taking a little profit out of areas like REIT's and using tax loss from the resource area. For sure money can be made in the resource area as many names are down ytd 60-70 percent but I will be very careful over the next few weeks as tax loss sellers and frustrated investors bail out from these names

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