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

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To: Tim Hall who wrote (1604)9/7/1999 8:23:00 AM
From: Richard Mazzarella  Read Replies (1) of 2392
 
Tim, you know that I'm mostly playing ORXX for a flip about demo time. However, I have been considering some speculative "walk through" assuming that Orex is successful in low cost recovery. I suspect that Haber may have some advantage in the success, but Orex is the operation with the resource. There must be many properties and tailing sources around the world that have been written off and available to Orex dirt cheap. The recent Orex acquisitions show an affinity for the marginal. If low cost allows economic recovery, they could possibility have a good business. Also, having done the reduction to practice should have them find interest for JVs. There are lots of other possibilities to speculate about, but I guess I'm suggesting that there may be more here at Orex than GB's summary. What do you think?
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