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

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To: Richard Francis who wrote (262)8/6/1999 11:41:00 PM
From: Ga Bard  Read Replies (2) of 2392
 
Richard ... Yes I do think it HAS been shorted with a venegence ... Why it is sliding, I have no idea but it looks like it is covering but it may not be. Could be someone has an inventory to sell with a vengence with no regard for the stock or vengful shorter. Heck there is no way to tell for sure. I will try to buy more at a certain point when it turns. I have it on dynamic trading on mytrack. I research, play reversi, and watch the trading.

I watched today as large blocks started going off at the ask and it dropped. It did not tank but the MMs were scrambling for stock ... While Hergzoff had been blocking the bid and ask MYHR and NITE were jocking between ask and bid. Then when the volume and large blocks hit HILL came into the picture plus we have a new MM PENA.

Now with all this acitivty I think it was covering but a lot of it was buying I am finding out. MMs on the ask have stock to sell and MMs on the ask are buying stock.

As far as I am concerned, they can walk it down all they want. The stock structure has not changed .. I called the TA today to check. The free trading of 3.2M in brokerage accounts is unchanged as far as the total goes.

Now I do not know what is going to happen.

Now bear in mind this company has no revenues and has a long way to go to put the turnkey plan into affect to test the Haber Gold Process. There are no guaranttees that we are going to make a dime on this stock ... I have been buying from .47 and the lower it goes the more I can average down.

I think management are forthright and care. I think the Haber system is quite real and been suspressed for almost a decade, and I think once it is in the field being tested if it works like it is suppose to we will have a winner. Now if it does not then we got a loser.

After watching the video I think we have a winner.

Now you have to decide for yourself I just trade what I think. I will try to get more ...

GB
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