ORXX - Orex Gold Mines Corporation Message Board

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

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To: Richard Mazzarella who wrote (1670)	9/9/1999 7:46:00 PM
From: Ga Bard	Read Replies (2) of 2392

Haber does have stock in his name I believe because it is his technology. HABE, I do not know because I have not been privy to the terms but I would doubt seriously HABE holds any Orex stock but I do not know for sure. As far as an exclusive, I doubt that will come about and Haber who I have talked to twice was adamant about not doing an exclusive. Haber wants stock and royalties from all mining operations wanting to use the HGP, period. Now how all this fits into HABE shareholders equity I do not know and have not done any DD on HABE but I do own stock out of speculation. .. heck HABER is in his sixties now. It is his technology, not the shareholders regardless of what they say. All they own is HABE stock period. The asset of HABE is what exactly? They have no patents nor an exclusive. Also shareholders cannot effect by vote whether Haber gives an exclusive or not. If this was the case no public company could give an exclusive without shareholder approval. That would hinder every deal in the world of business. All shareholders can do is raise cane and have a voice at the annaul meeting and can replace management if they are not happy. I think maybe the royalties may go to HABE though but I do not know the terms of the open door aggreement. Again there are no patents or even an exclusive assigned to HABE so the shareholders can't even claim those. But an exclusive, I doubt very seriously. Again, Haber wants all he can get out of this whether that is for himself or HABE shareholders or both. I do not know the terms except for what Haber has told me. Orex has an open door aggreement for the HGP nothing more nothing less ... I find it hard to believe the HABE shareholders are not up in a fury over the non exclusive between HABE and Orex. They do not even have patents to claim is an asset nor an exclusive to guarrantee them they are getting anything instead of Haber. Plus the filings are behind. This is why I do not post on the HABE threads. Also because of this logic right or wrong I do not have a lot of faith in HABE because it does not have current filings nor anywhere an exclusive from HABE to Orex nor patents. I have to wonder if the agreement is between Haber and Orex. If so what do the HABE shareholders get. Been through a similiar scenario like this. Without an exclusive or patents to claim as their own HABE shareholders could be surprised down the road if and I say if the entire agreement is not done by HABE and OREX. If the stock is in HABER's name then HABE I do not believe have a flippin thing. No patent, no exclusive contract, no filings and no stock in Orex. I have my doubts on the exclusive ever coming into reality but I would like to see one. But I will buy more HABE if one does come into reality. Orex is going to be the ticket because they have an aggreement to commercialize the process and they are making contacts which gives them dibs on any new agreements. Plus they have only 18M in the float and maybe 12M in the free trading with 22M outstanding. The open door agtreement is great for Orex because if they have talked to anyone about the HGP they are entitled to it by an open door agreement. Plus Orex is going to be getting all the public attention. As far as Orex shorting their own stock is nonsense also. Orex has only two thing they will have to do. 1.) Prove that the HGP works in this demo so they know whether to pursue the commercialization of the process or not. They will have to have witnesses days before when they start the process (Big front loaders loading up ore) and then be there when the process finishes. SO at the time of the demo they show the start of a new batch and show the finish of the batch from days earlier. 2.) Get in compliance with the SEC. JMO ... Once the Haber is proven to work then I will do DD on HABE but right now I think it is premature. I will wait for Orex to prove or disprove the HGP. I will buy more Orex if the HGP proves itself. Sorry for the long post. But this is my opinion. GB

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