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Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation
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To: Jeffrey S. Mitchell who wrote (2319)1/31/2000 6:27:00 PM
From: cantpickem  Read Replies (1) of 2392
 
That seems to be the real question. I think ORXX does have value, I just do not know what it is. If one would look on the WEB SITE they claim to have large reserves and the also put 17 mill on the balance sheet as reserves.

This, to me, shows one side of the story, to have 17 mill in reserves on the balance sheet and liability for getting that value extracted is the other. However, I may have missed this cost( not sure).

I hope for all of us that the value will be given as soon as the final analysis is complete on the SILICA.

That is all that I know and that the company feels they are positioned to start processing. Like all OTC stocks there is probably lots of mud being slung and some skeletons hidden.

Only time will clean it or bring it out. I will hold to see what happens.
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