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

To: mark warburton who wrote (359)	8/1/1999 8:50:00 PM
From: Biff	Read Replies (1) \| Respond to of 519

It seems to me oonly a few of us are still interested in this stock. In time, we will have major interest, and if management will not publisize what a great portfolio of properties we have, than we should use this medium, and make sure the market becomes aware of Ontex. We have 2 months of continued drilling still to come. If the results are as good as they have been, we will double our reserves in no time. I understand we may be drilling for years in order to map out the total inventory, and our share p[rice fall in recent months may just be a short term correction, or buying opportunity. I have enough shares, therefore I will pass on buying, although I would if I had more confidence in managements objectives. This stock should not have dropped under a buck. That was the barrier for many, maybe a way of shaking the tree. We are definately a target at these prices. ADOPT THE POISON PILL ASAP. If not, we are a steal at 30 million, or 40 mill ($1 per share). Most majors would be interested based on the results to date. Why wait for us to prove 2 mill ounces in 2 years. They will have to pay $5-$6 per share. Steal the property now, and prove the rest with their own resources. Not much of a gamble.

To: mark warburton who wrote (359)	8/3/1999 9:49:00 PM
From: DrMyke	Read Replies (1) \| Respond to of 519

I don't think management has any need at the moment to worry about the stock price. They are not looking to raise any funds right now at these prices. They know their job now is to drill the property and to map out the reserves. They are doing this in a responsible manner. They don't need to bother themselves with the stock price. This stock is an easy quick double but I'm in for the long term.I may pick up a few shares here but I like to keep my portfolio well diversified. In the meantime, it's difficult for people to buy when the price is down. Yet I love these types of sales in the marketplace. When people don't want it I step in. When everyone wants it I'm out.Right now no-one wants Ontex.