Ontex Resources (ONT Alberta) Message Board

STOCKTALK

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Gold/Mining/Energy : Ontex Resources (ONT Alberta)

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To: Skipper who wrote (506)	11/15/2001 9:31:23 PM
From: mark warburton	Read Replies (1) of 519

Skipper, I think the price moves with expectations and situations. The recent flow through issue at 30 cents created a situation to allow investors to let some stock go at nearly any price and make a nice profit. Accordingly the stock drifted down and some large share movements were seen with some blowing off their shares in the low 20's. Everybody wants to buy the bottom but it is hard to do. As the stock started to trace upwards on increasing volumes no one wants to be left at the train station without their boarding pass. The stock has been at much higher levels in the past with a lot less inferred reserves at that time so with dilution taken into account, I believe the stock warrants much higher prices then the 20 and 30 cent range for sure. I have bought the stock all over the map and now just work on the average cost basis. Still nibbling and still looking for a little more yet. Its a great property, under explored, huge potential and I think the best is yet to come. Best of trading Mark

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