SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Ontex Resources (ONT Alberta)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mark warburton who wrote (429)10/23/1999 12:33:00 PM
From: Biff  Read Replies (1) of 519
 
Well, not a good week for us Ontex investors. Down around 10%, with no upward momentum. I think our only saving grace at the moment is the large bid at 63 cents. We really need some good news and PR. Where is the news?????

FT is down to 41 cents, its just getting nasty. When do you think this will be a buy, 20 cents??? With tax loss selling starting soon, FT will be very cheap to buy. Any word on TSE listing, or other drilling results? Is ONT going to drill throughout the winter?

One comforting thought is the value of ONT. They have now close to 500,000 ounces underground at a value of about $100 profit per ounce, or if sold to a producer, the value shoul be around 75 to 100 dollars an ounce. ONT is right now worth over $1 per share. It will reflect this one day, but when???

Keep well, and let's just hold on.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext