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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 youngkidon Apr 26, 2016 12:19pm
99 Views
Post# 24810798

Some German Exposure

Some German Exposurehttps://investor-magazin.de/2542orex-minerals-bohrergebnisse-schwaecheln-aktie-haengt-dem-markt-hinterher/

Rough Translation:

 On Tuesday there was a real rally in the silver values. This was triggered by the rise of the precious metal over the mark of 17 dollars per ounce. Currently quoted silver at 17.15 US dollars per ounce. Many stocks rose double digits and marked new highs. Above all, of course, the producers who naturally take advantage of a rising price most. Many mines the deficit produced in recent months, are slowly profitable.  Our recommendation value Orex Minerals was yesterday but nailed. With a manageable volume of only 108,900 shares traded the title went at 0.45 CAD from the market and concluded therefore at the level of the previous day. Currently at the Silver Explorer seems out a little air. Beginning of 2016. made the title attracted attention, in which one very high grade silver values from holes presented on a joint venture project in Mexico. Thus one has even very high raised the bar and unfortunately it does not make it known to put in the same way after. Although one encountered recently on mineralization of 129 g / t silver over a length of 44 meters, but on the January results of 359 g / t over a length of 61 meters you come thus not ran by far. The market can Orex currently not covered, looking for his return but currently elsewhere. Currently Orex together with joint venture partners Canasil Resources through a 3,000 meter comprehensive Phase II drill program. This has been running since 16 March. Nine out of 20 wells were already drilled. Drilling is planned inter alia with the mineralization 750m along strike.
 
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