Ontex Resources (ONT Alberta) Message Board

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

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To: Gemini who wrote (370)	8/6/1999 10:19:00 AM
From: mark warburton	Read Replies (1) of 519

I am hearing that activity is a buzz on the properties with the phase 2 drill porgram. I am also keeping an eye on Pipher as it just completely defies logic and rallies onward. The stock is acting very strong and is begginning to represent a nice gain for Ontex shareholders. It nearly adds 9 cents a share in value to Ontex. That property with its very thin float could see an explosion in price if work goes well up there. As for Ontex really thin trading right now. Buyers are piling up around 40-50 cents and sellers are scattered up to 1.25. Seems like the big panic is over in the stock price and it is just drifting towards some type of equlibrium at the moment. Would expect to see some news shortly. Someone got a steal at 44 cents. I guess the other side of the coin on that is someone bailed after the fire was out. Oh well thats how markets go. Mark

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