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

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To: Biff who wrote (382)9/2/1999 10:24:00 AM
From: mark warburton   of 519
 
Never mind the 7 cent drop how about that Pipher. The way I see it each Ontex share buys you 10 cents in Pipher to boot. Pipher must have something real interesting. Chilean chased that property down forever and never got it. The work begins on the property and it is just flying. Climbed a buck yesterday and trading with some more volume this morning.
News wasn't overly impressive but you still have to draw some valuable conclusions from the data. Mainly that it doesn't seem to matter where they drill on the proeprty they continue to hit the gold zone. Yes the thickness is what really counts but where there is smoke there is fire just a matter of time.
Airborne geophysical should be quite interesting when it comes back as the balance of the 37 km is really untouched. A couple of real nice targets in other sections of the fault and the magnitude of this project may begin to unfold. Going to take time though.
Mark
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