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Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation -- Ignore unavailable to you. Want to Upgrade?

To: fred chill who wrote (3)	7/19/1999 8:22:00 PM
From: WEBNATURAL	Respond to of 2392

Mr. M sent us this post. Maybe it's in there some where...If he happens by tell him NSKY and 20 other spots didn't know what he was talking about. LOL From: +Mr. M. Monday, JULY 19 1999 7:01PM ET Rep # of 5084 BB:ORXX- OREX Gold Mines Update! Huh huh! Main Page: orexgold.com Technology: habehsciess.com orexgold.com. orexgold.com Managemin: orexgold.com See also: habehsciess.com De most frekent askid kesshuns: -------------------------------------------- Q. GEE danks.Whyn't webuh see the, ERRRR, stock soar, if de recent news is real good, duh...uh...? A, GEEEHEEHEEE.Dehe is two c'panies who shortid the, ERRRR, stock: original by a New York firm drough Nite Securities 'n recent by a Canadian outfit callid Nesbit Burns. DOIHH!Some webuhak inbestors also panickid and sold some shares. Remembeh, the, ERRRR, stock webuhnt from $1.50 t' $7.75 wid no news. Um uh.De ONLY reason it is depressid rite now is cuz of the, ERRRR, shortehs. Q. Is dehe ANY negatibe news from the, errr, c'pany dat made the, ERRRR, stock drop, duh...uh...? A. Absoloot not. Q. Duh, how do webuh take care of dese shortehs, duh...uh...? A. Webuh habe t' “skeeze” dem out by buyigg into the, ERRRR, stock. DOIHH!Oss de price touches cehtain poit, dey wudd habe t' go in 'n BUY shares demselbes on de open market! COOOL MAN! De stock is extreme cheap rite now 'n a great bargain anyways. Gawlly! Q. Are dehe any large inbestors lookigg t' inbest in OREX at de open market, duh...uh...? A. Duh, yes, duuhhhh, dehe are few groups who shudd help us t' skeeze the, ERRRR, shortehs out behy soon. Q. What is de next step f' OREX, duh...uh...? A. DOIHH!De c'pany is workigg behy aggressibe on c'pletigg de ackisishun 'n ackually startigg de process in the, uh uh uh, field. Furdehmore, uh uh uh, it will reach a wide audiess wid deir two new hirid PR firms. De ackual ackisishun (not letteh of intent) shudd be c'pleted widin next 10 workigg days. Dat means dat webuh cudd see the, uh uh uh, first gold widin next 4-5 weebuhks! Huh huh! Q. Does dat mean, dat oss webuh see de gold, uh uh uh uh, the, ERRRR, stock price will go up significantly again, duh...uh...? A. Absoloot. Dehe are alot of inbestors 'n organizashuns dat are ready t' pour in millions of dollars, duuhhhh, but dey want t' see de proof. Oss de process is proben, dehe will be indibidual inbestors, duuhhhh, fund managehs, duuhhhh, newspapehs, duuhhhh, magazines, duuhhhh, enbironminal agencies, duuhhhh, gobehnminal agencies 'n odeh organizashuns rushigg into OREX. Q. Lee me lone!Duh, how many tons of ore can webuh process peh day, duh...uh...? What kind of rebenue it shudd brigg in rite away, duh...uh...? A. Uhhh....Dgust at Santa Maria propehties- bou' 75+ tons/day. So, if webuh take a grade of .25 oz/ton, webuh get approximate $130,000/mond, minus expenses. Q, GEEEHEEHEEE.Siss de price of gold is depressid rite now, uh uh uh uh uh uh, can webuh extrack gold 'n still make a good profit, duh...uh...? A. Duh, yes, duuhhhh, it is estimatid dat 1 oz. of gold can be extrackid f' bou' $175. Duh, howebeh, usigg HGP, OREX can process 3-4 times more gold ore peh day. Furdehmore, uh uh uh, silica sales will help t' drop opehatigg cost significant. No one will know the, uh uh uh, final cost of gettigg 1 oz of gold from de ground until its tried, uh uh uh uh, but my pehsonal best estimashun, takigg all fackors in considehashun is around $90-$135/ouss (which is behy good). Q. Can sales of silica t' Phelps Doje cobeh most of de gold extrackigg expenses, duh...uh...? A. Duh, yes, duuhhhh, it shudd cobeh most of the, uh, expenses. DOIHH!Siss de kartz ore consists of bou' 90% silica, most minigg expenses shudd be cobehed. Q. Can OREX process odeh metals besides gold, uh uh uh uh, 'n which ones, duh...uh...? A. Duh, yes. It can process Silbeh, Coppeh, Platinum, Manganese, uh uh uh, Banadium 'n odeh metals/matehials. Q. GEE danks.What is silica, duh...uh...? Duh, how much do webuh habe of it, duh...uh...? Duh, how much does it cost, duh...uh...? A. De silica flux is usid in the, errr, coppeh market. De kartz rock dat contains gold is 85-95% silica, which is much higheh dan most flux ore. Gawlly!De silica sells f' around $40.00/ton rite now. Q. Lee me lone!What is banadium, duh...uh...? Duh, how much does it cost, duh...uh...? A. Duh.Banadium is usid in the, errr, common battehies. De current price of banadium is around $2.85/lb. Lee me lone!I am still estimatigg duh, how much of it peh mond OREX can sell. DOIHH!It seems de deposits are much largeh dan prebious estimated. Q. What is uranium, duh...uh...? Duh, how much does it cost, duh...uh...? A. Uranium is usid in de nucular industry. Lee me lone!De current price of uranium is around $12.00/lb. Um uh.I am still estimatigg duh, how much of it peh mond OREX can sell. It seems de deposits are much largeh dan prebious estimated. Q. Are dehe any parties innerestid in OREX's banadium, uranium 'n silica besides Phelps Doje, duh...uh...? A. Duh, yes, duuhhhh, dehe are kite a few innerestid parties. Gawlly!Dey habe already contackid OREX. Dehe is a possibiltiby of many odeh banadium/uranium/silica contracks. Q. Uhhh....Is de bideotape presentashun OREX has been workigg c'plete, duh...uh...? A. Duh, yes, duuhhhh, dey will get the, uh uh uh, first 1,000 copies by the, uh, end of the, uh, the week. Please call (800)749-OREX f' your copy any time. Q. GEE danks.Oss de ackisishun is c'plete, uh uh uh, will webuh see an abbishun t' de OREX's board of direckors, duh...uh...? A. Duh, yes, duuhhhh, OREX expecks t' abb few behy kalifiid indibiduals, duuhhhh, includigg Mr. Deard, Mr. Kemmpeh, 'n Mr. Blackburn. Duh.C'pany's webuhb page will be updatid short to accommodate dese changes. Q. Was/Will dehe be a betteh time t' inbest in OREX rite now, duh...uh...? A. I don't dink so. De shortehs, duuhhhh, like wid many odeh stocks presentid us, duuhhhh, regular inbestors wid a great buyigg opportuty. Siss dehe are still in, it is posstiggle t' buy 50-75,000 shares f' undeh $2.00 'n anodeh 50,000 f' undeh $3.00. And webuh are talkigg free-tradid shares! Huh huh! It is tru a ground-floor opportuty. Some peoble call short shares “money in de bank”. Dat is cuz dey will habe t' buy it back on de open market, uh, as soon as some buyigg pressure is appliid (see BB:HABE run). Q. GEE danks.Whehe do you see the, ERRRR, stock in 3-6 monds, duuhhhh, if ebehydigg goes as planned, duh...uh...? A. Knowigg duh, how little of buyigg powebuhr its takes f' the, ERRRR, stock t' soar, 'n dat de HGP process works behy webuhll, I expeck it t' be in $10-$15 range widin 3 monds 'n in $30-$35 range in 6-9 monds. P.S. Diggs will start t' heat up behy soon, as webuh get close t' the, uh uh uh, first 2,500-ton batch run. Dat will also inbuhjeck bou' $166,000 in c'pany's cash resehbe. Gold Adbisor.

To: fred chill who wrote (3)	7/19/1999 8:49:00 PM
From: TideGlider	Respond to of 2392

ragingbull.com By: Che__Guevara Reply To: 196 by Gold+Advisor Monday, 19 Jul 1999 at 8:25 PM EDT Post # of 201 Response to Gold+Advisor from a former geologist and vetran penny stock speculator "There is two companies who shorted the stock: originally by a New York firm through Night Securities and recently by a Canadian outfit called Nesbit Burns. Some weak investors also panicked and sold some shares. Remember, the stock went from $1.50 to $7.75 with no news. The ONLY reason it is depressed right now is because of the shorters." Yeah right! Even if we accept this on face value you have to consider the implications. Nesbitt Burns is a large and respected brokerage house and they don't take a short position without doing some analysis. A short seller faces theoretically unlimited losses if they are wrong in contrast to a long investor who can only lose the amount of their investment. Nesbitt Burns must be pretty confident that ORXX is likely to go down for them to take such a risky position (ORXX has gone down significantly proving them right) "A. We have to “squeeze” them out by buying into the stock. Once the price touches certain point, they would have to go in and BUY shares themselves on the open market! The stock is extremely cheap right now and a great bargain anyways. " - Again, I would question the "cheapness" of any unproven and speculative technology particularly one associated with gold mining. As for the "short squeeze", they do happen but they aren't advertised in advance except by the desperate. "A. Yes, there are few groups [large investors] who should help us to squeeze the shorters out very soon. - who are these large investors and how do you know that they will help. IMO you are either implying insider information or are lying. "A. The company is working very aggressively on completing the acquisition and actually starting the process in the field. Furthermore, it will reach a wide audience with their two newly hired PR firms. The actual acquisition (not letter of intent) should be completed within next 10 working days. That means that we could see the first gold within next 4-5 weeks! " - The idea that the company must do an aquisition to prove the technology is IMO a red flag. Is ORXX a technology company (okay) or a gold miner (bad). If the technology works as hoped (and is patentable) then ORXX will do very well indeed. Aquiring an interest in a mining operation is an unecessary and costly diversion if they really do have a revolutionary technology. Also, given that the mining community is small and closely knit, why would ORXX hire PR firms?? If the process really works then the mining firms will beat down the door. The only reason for hiring touts IMO is to sell stock not the process. "A....minus expenses....." - nuff said "A. Yes, it is estimated that 1 oz. of gold can be extracted for about $175. However, using HGP, OREX can process 3-4 times more gold ore per day. Furthermore, silica sales will help to drop operating cost significantly. No one will know the final cost of getting 1 oz of gold from the ground until its tried, but my personal best estimation, taking all factors in consideration is around $90-$135/ounce (which is very good)." - care to share your assumptions? "The silica flux is used in the copper market. The quartz rock that contains gold is 85-95% silica, which is much higher than most flux ore. The silica sells for around $40.00/ton right now. " - FOB mine?? if you could really get $40/tonne for silica then why even bother extracting the gold - just sell it as flux. Suffice it to say, you will have trouble getting $40 US per ton for 85 to 95 percent silica. "A. Knowing how little of buying power its takes for the stock to soar, and that the HGP process works very well, I expect it to be in $10-$15 range within 3 months and in $30-$35 range in 6-9 months." - I expect Sharon Stone to drive up any minute now in a brand new Porsche 911 and whisk me a way for a life as her kept man/sexual plaything.