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Gold/Mining/Energy : Ontex Resources (ONT Alberta) -- Ignore unavailable to you. Want to Upgrade?


To: Gemini who wrote (355)7/30/1999 4:25:00 PM
From: Biff  Read Replies (1) | Respond to of 519
 
Mark, Gemini and all ONTEX shareholder:

We need ANSWERS, or at least REAL explanations!!! Ontex is tanking, and we are all left out in the dark. Seems as though there are many different stories floating around, but the bottom line is the property is one of the best, and is not worth the current market cap of 20 million, but more like 80 mill to 160 mill (depending on how much more gold is found)!!!

Current ONTEX management has not supported the stock in the past while, and are not keeping us informed of any issues.

DEMAND ANSWERS NOW!!! If Ontex continues to drop, we will be a ripe target for a fiendly, or even worse, a hostile takeover. They will steal Ontex for 50 cents, or even $1 per share. We all know, Ontex is worth a hell of a lot more, and this will be proven once we get more drilling results in. I do not want us to be gobbled up for cheap.

Millions of dollars have been erased from shareholders equity, over $30 million of OUR dollars has vanished in three months!!

Mark, you were saying there were angry shareholders at the Ontex meeting. Back at the meeting, ONT was at 90 cents. The market has erased 40 cents from the share price in 3 weeks. I thought after the meeting, we would be 40 cents higher!

I am very concerned about the future of OUR company!! I have been a shareholder for years, and things were looking great, until 3 months ago. I could have sold out my position and made a healthy profit, but i BELEIVE in the property, and I will continue holding, but please give us answers NOW!

Everyone call Ontex and Fortune NOW and demand answers, don't except the "Gold is low" story, there is more going on than they are saying.
We all have a right to know.