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Strategies & Market Trends : YellowLegalPad

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From: John McCarthy	8/31/2009 9:41:30 AM
	of 1182

Mining Sector: Orex Exploration High-Grade Deposit to Grow Substantially with Validation of New Model Which Include Large Structural Domains of Gold Orex Exploration Inc.'s (TSX-V: OX) high-grade 800,000oz gold deposit at their 100% owned Goldboro Property in Nova Scotia, Canada is expected to substantially increase upon validation of their new resource model which include large structural domains of gold. The risk-reward characteristics are highly advantageous for investors establishing a long position in OX.V as a much higher revised resource estimate is expected. Considering the impressive nature of its Goldboro project OX.V appears undervalued with only ~120M shares outstanding and trading under CDN$0.15, an estimated ~150M shares should be outstanding upon completion of financing necessary for the Orex to complete all necessary work up to and including a final resource estimate (215M shares fully diluted). Orex is already at a NI 43-101 compliant ~800,000 oz gold resource now and has the infrastructure in place to take material away to be processed at nearby mills which they are actively in discussion with. sectornewswire.com

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