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

To: STOCKWOLF who wrote (8)	7/26/1999 11:35:00 PM
From: Laser	Read Replies (1) \| Respond to of 2392

stock sure has taken a beating lately, someone seems to want out big time.

To: STOCKWOLF who wrote (8)	8/30/1999 12:46:00 PM
From: Jeffrey S. Mitchell	Read Replies (2) \| Respond to of 2392

Re: Message #8 from STOCKWOLF at Jul 25 1999 8:51PM I've done my dd and I have spoken to the company. My personal opinion is that this stock is a great buy at around 1.00 a share. ORXX hit .06 last week. That's up to a 94% loss if anyone sold the stock they bought based on your so-called DD. Considering many investment professionals say people should set stop losses at about 20%, it's quite possible a great many people suffered a substantial loss before the so-called naysayers ever started posting here. So, do you take responsibility for the substantial losses people who followed your DD may have incurred? - Jeff

To: STOCKWOLF who wrote (8)	8/30/1999 9:43:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 2392

Stockwolf. I am interested in finding out how you arrived at a great value of $1 per share. That would means that the company is worth some $25 MM. If from your discussions with the company you are persuaded that they have about a 5 million ounces of gold reserves extractable at profit margins greater than $25/ton, I could accept this valuation. But I have not seen any claims that there is any estimate of proven reserves coming even close to that, nor have I seen any indication that the extraction process contemplated will indeed be yielding these kind of profit margins. Do you have such data? TIA Zeev