Ontex Resources (ONT Alberta) Message Board

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

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To: bigbuk who wrote (441)	11/16/1999 9:14:00 AM
From: mark warburton	of 519

Hey Bigbuk and all, Took a day off from the office and everything happens while I am gone. Oh well. Thing Rob nailed it with his summation. One person leaving the movie theatre screaming fire. Hey its only an ad for the towering inferno. Leave me your popcorn on the way out. I see all these comments here and on the raging bull about investors ready to hit the bids and all. Hey I don't really know what you are looking at but stand back from the situation and anlayze what is transpiring for a minute. First off you have a well funded exploration company with the resources to drill for 2 years comfortably. A total share float of 39 million shares.. Who owns these. Lets review. The Toronto group holds around 12 million. Not selling and actually just purchase 5.7 million. The faymar group is rumoured to be around 15 million. Hey haven';t seen them selling either. Metalore holds close to 4 million. Hey there not selling and George continues to help drill the property. So add em up. 31 million not trading. Actually they have recently been accumulating. So that leaves us a float of 8-9 million shares. Of the float mine don't trade. Do yours? Take out the balance that are in for the long haul and what is left. In that balance you could probably include Mr. Goads 800 thousand and I would presume some Fortune shareholders who have followed Goad into Ontex and Robin would probably like them to follow him out and buy back Fortune with the proceeds. So for the meantime we have a real small float effecting the entire market capitalizatrion of Ontex. The past 2 days has seen 110,000 shares trade and move the price down. So for about $55,000 worth of trades you reduce the market cap of Ontex by 6 million dollars. Folks stand back laugh put your bid in and hey enjoy the popcorn with me. At the point of extreme pessimism is the best buying opportunity. Nothing can change the property. 31 kilometres of contact. Airborne geophysical, Pifher to boot, rumours of a listing, and most important of all, gold in every hole drilled! Tis the dawn of a new day. I for one and many others will celebrate Robbie "BURNS" day with a whole new meaning in the new millenium. Best of trading Mark

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