ORXX - Orex Gold Mines Corporation Message Board

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Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation

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To: Mr Metals who wrote (21)	7/30/1999 12:49:00 PM
From: Ga Bard	Read Replies (1) of 2392

Who is dumping? I have just got off the phone with the transfer agent and verifying everything on the stock structure. No warrants/options 21,942,500 Outstanding -4,989,000 Restricted -1,600,000 DTC/ADP (Available for Trading) - 750,000 stops/hold Note: Company is working on getting back they have got 500K back already 250K to go. This was PR firm stock. Non performance and now Orex only pays cash for PR. No! I am not talking to them about getting compensation. This last 250K you hope to have resolved shortly and bought back in the market dollar for dollar. 14,603,500 Note: This remainder of stock is in cert form for consultants/friends of the company with a cost basis of $3.38 - $4.125 not available for trading. I even talked to the main guy and he said he has it in cert form. He knows someone wants him the consultants ... I have REQUESTED faxed copies without the names of the 14.6M in cert form. I should have these today. After talking to Warren and he is now aware of these figures. He was on conference with me trying to get the stock structure. This company is getting weekly DTC and Bi-weekly ADP to keep tabs on the free trading float. Warren will be more than happy to supply the total figure in the brokerage houses available for trading once he gets the new DTC and ADP reports. Presently and to his knowledge the 1.6M has been the float figure for a while and they do not expect it to increase anytime soon. They have assurances from the big stockholders their certs have not gone into the market. However, they are aware of the shorting, especially out of Canada, and do not know how to stop it like most companies. Welcome to the market. GB

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