Ontex Resources (ONT Alberta) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Skipper who wrote (503)	8/15/2001 10:21:53 PM
From: mark warburton	of 519

Great News, Wow was not expecting a new resource calculation and was more then pleased with the results. A couple rocks short of 700,000 ounces. Excellent job by the crew up there in delivering results again. Reading through the release there is a lot of stuff happening up there. Notably a new discovery on the Fox Ear property which is traced for 1.2 kilometers and has surface grabs at 3 grams and 13 grams plus at less then 50 meters. That’s nearly half ounce per ton at 100 feet. Now I have watched the progress on this property for along time and the values that come back from the drilling have consistently shown better values at depth. Anyone who has followed the stock for any period of time should feel very comfortable in the consistency the property has displayed on all the targets to date. With 2 new shear zones running in close proximity to a sizable orebody I feel pretty good about our odds on this one becoming the fourth significant deposit on the property. The company invested a lot of time and money in a series of airborne surveys a while back. “ a detailed surface exploration program consisting of 200 kilometres of linecutting, ground geophysics (magnetic and electromagnetic), and geological mapping is also underway in selected parts of Irwin, Walters and Leduc Townships” What I read is that the company is about to expand the scope of the entire project in a HUGE way. After this initial round of exploration we should have a good grasp of the potential of the Geraldton Beardmore properties. If all goes well a number of pearls could be uncovered. Time will tell. Keep your eye on the US dollar folks. Rough times ahead? Best of trading Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next