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Bullboard - Stock Discussion Forum 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 Discussion

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Post by DoumDiDoum on May 06, 2016 11:36am

Hummm...

... I do not know what to think of this unexpected volume.  For sure, we know that the project is interresting at the current gold price, but seeing some new posters here just before this sudden interest in the stock makes me pondering.

The only thing that stop the project right now is the financing.  Venture stocks were put aside in the last 8 years, but we can see that the investor community is starting to look back at the sector.  There is a huge difference on the ask side and if this surge is backed with news, then the SP could definitely spike north fastly.

What news could explain this sudden interrest?
- Osisko financing the mine
- Nova Scotia government supporting the financing
- Any other financing news

Hope this is not a simple Pump and Dump... because we are due for something good to happen!

GLTA
Comment by rpm111 on May 06, 2016 6:08pm
This post has been removed in accordance with Community Policy
Comment by Power4Play on May 07, 2016 10:47am
New to Orex, did notice that stock on huge volume yesterday. Did fast DD and I like what I saw. Sent the company couple of questions, I let you know anything worthy from it. 5 times the biggest volume of those past 5 years very impressive. Lots of work been done by the past on Golboro properties. Recovery costs of 500$US per oz  is also very convincing to go forward. The company is at ...more  
Comment by Jarred on May 07, 2016 3:24pm
Hard not to notice the huge volume yesterday and it started right at the open so I expect there must be good things going on behind the scenes. The people selling are likely those who are tired of waiting and took advantage of the volume to get rid of some or all of  their positions. The juniors have been beaten up for so long in this sector that there are some great opportunities and this ...more  
Comment by specky on May 08, 2016 10:09am
Positive momentum.. That's for sure...10 million shares traded..I was going over some old posts and there was a comment back in 2012 about Jacques and friends/ insiders had 50 million shares... Not sure if that included osiskos 13 million.. A suiter can buy 17 million in the market before needing to declare... Hoping next week is as positive with similar volumes...it will start pegging up soon ...more  
Comment by scanner18 on May 09, 2016 8:24am
early morning pre market sees bid/ask at two pennies
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