silverexplorer with fresnillo and pan american silver JV ! Orex is an interesting silver and goldexplorer: 3,8 Million Dollar cash on hand , only 17 % Retail investors NSR of Barsele minerals worth 5 Million US Dollar ( 6,35 Million Candollar ) , JV with fresnillo at conito gold silver project - 18 Million ounces of silverequivelnt net to orex , JV with pan american silver 13 Million ounces of silver net to orex . Both projects have potential to 100 Million silverequivalent ounces + ! 100 % ownershop of josephine goldproject - 66000 ounces of gold ! a further new project is on the horizon . 10 Million cash including NSR . 36 Million ounces of silverequivalent worth just 6 Million Candollar - All three projects have huge potential and this in Mexico and Canada ! UNdervalued ! and much more silver and goldounces to come !