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: robbwharry who wrote (468)3/13/2000 1:12:00 PM
From: mark warburton   of 519
 
Rob,
You are quite right about listing requirements and the obvious in that Ontex holds some serious quality properties. I think BigBuk made mention of the next Corona.
Oh that would be sweet. Quite possibly the goods are there. The potential exists for huge reserves in a number of different locations within the fault.
The listing moves Ontex to the low end of the second tier gold stocks. If you put them in tiers you would have the senior producers of Barrick, Placer and the like. The second tier stocks are those with the goods yet small in comparison to the majors. A few great projects on the go but no where near the size and scope of the majors. The third tier stocks are very early in there exploration. They have properties that they are evaluating with drilling and further exploration. There problems lie in financing generally and like you mentioned they exited the scene as money is easier to come by in the tech sector at present.
What you normally see in the gold sector is a junior with the goods and a senior producer takes them out. Not to many companies take the path of a TVX and go from third tier to working there way up the tiers. Ontex will choose that path and with time and results, the possibilty exists for huge returns on this company. Be patient.
Mark
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News