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

To: STOCKWOLF who wrote (454)	8/15/1999 10:21:00 PM
From: Ga Bard	Respond to of 2392

Thanks and as I learn more with each stock I do DD on ... I am amzed at how much the real world plays and the internet posters are so misinformed. Right when we think we got it figured out we discover that shorting and naysaying is a very profitable venture. Just remember real shares have to be sold for naked shorts to cover. If this stock were on NASDAQ other than OTC I not believe this decline would be happening. OTC is the realm where manipulation happens. Just going to have to wait this one out. :-) GB

To: STOCKWOLF who wrote (454)	8/16/1999 8:05:00 AM
From: Ga Bard	Respond to of 2392

Stock ... This stock has such a massive amount of naysayers calling it a fraud, scam and others being more diplomatic trying to imply by conveniently attacking every tiny bit of information they can twist as the deal being illegal. Or using the "Value of the Stock" scenario I honestly believe this one is being naked shorted. Some group of shorters or financial institution has targeted Orex I believe. The time and sales shows a clear distinct pattern to the fall. Due Diligence brought out the key to it when he asked one of the naysayers about another term "other side of the trade" but recieved no answer. Instead they nays are using the classic "Pump and Dump" but notice the opposite of that is "Short and Distort." Shorts aren't all bad, they add liquidity to the market by being on the "other side of the trade" from someone who wants to buy the stock. As I am learning more about how if you have the collateral in marginable securities you can carry a short position. You can short the daylights out of anything you want. Please note: Unless they are spreading lies or engaging in "naked" shorting, which is selling short stock that you have not borrowed in a blatant attempt to drive the price down, shorting is just another way to profit from the discrepancy between current market values and the intrinsic value of businesses. The other side of the trade brought out by Due Diligence and the Valve of the Stock brought out by TideGlider has brought out basically what is obviously going on. Not to mention the amount of massive nays with convenient logic, wisdom and posts. The key to this is the amount of time consumed by nays to cover a board up so no information or positive discussion can be obviously found. Only personal attacks. Since I have a summary this ticks off a naysay because no matter how much the slam the information is stillposted daily. I believe once they close a deal and the information plus the video tape gets out in the financial world we will see a sudden rise for no reason at all. Also realize shorters if they are in trouble will pull out every naysay tactic possible to get sells. Problem is the are highly emotional because the loss to them if the buying is more than they are willing to short can be unlimited and quite disasterous for them financially. Normal small investors just have to wait and trust their DD while new investors try to find solid information sorting through a massively cluttered board of how the company or friends of the company are tagging everyone. This is why I asked for the certificates and the DTC reports. If the company is telling the truth I feel this was not to much to ask for. They were co-operative and took a couple of days to get the certs faxed in but they have been telling the truth. Even the SEC states most of these small start-up businesses are legit. However, the market likes to target a legit business and attempt to take them out of business by severing their financial vessel which is the only reason for going public, the stock. Shorting the short cause them to have to dilute more at .20 than at 2.00. SHorts want more shares in the market ... more shares in the market the more that can be borrowed. So please understand "Pump and Dump" may be bad but nothing compared to "Short and Distort" JMO GB

To: STOCKWOLF who wrote (454)	8/16/1999 12:16:00 PM
From: Ga Bard	Respond to of 2392

PUMP & DUMP vs SHORT & DISTORT Pump & Dump we are all aware of if you have any trading experience at all. But very little has been written about the “other side of the trade” or it opposite, which is its counter part “Short & Distort.” I will deal with two stocks that I have done enormous DD on so I can show the clear example of each of these stock manipulation tactics. Lets take a look at a classic stock, which was not slammed on bit… MIDL. Why was this? It followed every rule to the letter of a “Pump & Dump” but not one know short slammer showed up to distort the stock or doing the infamous “Short & Distort” routine. The reason I feel is because the shorters had a no-risk short set up for them already in the stock structure… “Arbitrage.” The shorters did not care what was said … as a matter of fact, they did not want to kill the momentum based on the facts of the company because slamming the stock took out the no-risk advantage for Arbitrage. If a stock has more than one security such as Preferred or warrants, the shorters have a no-risk shorting scenario by selling one security against the other. Even known shorter will defned the stock story to the maximum because arbitrage is feed by a positive story. Now lets look at another stock quite similar but entirely different. What are the similarities & differences in accordance with know established rules that are warning signs for the small investor …. MIDL … New technology for and ethanol fuel additive ORXX… New technology for recovering gold from hard rock MIDL … revolutionary replacement for MTBE which was getting banned (Quite real) ORXX … revolutionary replacement for Cyanide which was getting banned (untested) MIDL … fully reporting shell which was reverse merged into. ORXX … Non reporting shell which is about to be reversed into. MIDL … Warrants, Preferred and common stock (Arbitraged) ORXX … Common stock only MIDL … Never slammed by an organized collective known shorter group ORXX … Slammed daily by an organized collective known shorter group MIDL … no distortion or convenient logic or wisdom ORXX … Fraught with distortion, convenient logic or wisdom MIDL … Classic Pump & Dump ORXX… Classic Short & Distort. Now lets take this and apply it to the rules of Pump & Dump for stock manipulators … In order to make these market manipulations work, the professionals assume: (a) The Public is STUPID and (b) The Public will mainly buy at the HIGH and (c) The Public will sell at the LOW. Therefore, as long as the market manipulator can run crowd control, he can be successful in their agenda of stock manipulation by controlling the market's greed and fear. STAGES FOR THE DEADLY ART OF STOCK MANIPULATION Stage 1… The Acquisition of shares. Please note: all sharp price movements, whether up or down, are the result of one or more, usually a group, professionals manipulating the share price. PUMP & DUMP = (Loading) Manipulators after acquiring their shares leak information and pump the stock to get buyers silently. This leads to front loading also. SHORT & DISTORT = (Unaware) Monitoring spikes in volumes on stocks with no rumors. Stage 2: The Promotional Campaign! Note: this is designed to spread a rumor/story to play on the emotional greed of a pie in the sky find. It begins to spread across the financial world. Joe public rushes in not to miss the next gold rush. PUMP & DUMP = (PUMP/Greed) Newsletter writers are hired -- either secretly or not -- to cheerleader a stock. PR firms are hired and let loose upon an unsuspecting public. Contracts to appear on radio talk shows are signed and implemented. An advertising campaign is rolled out (television ads, newspaper ads, card deck mailings, e-mails, etc.). The company signs up to exhibit at "investment conferences" and "shows" (mainly so they can get a little "podium time" to hype their stock and tell you how "their company is really different" and "not a stock promotion.") Funny little "hype" messages are posted on Internet newsgroups. BTW the more, the merrier. 1000% returns are projected.. SHORT & DISTORT = (Patient) Flags this run up scenario and the campaign then just sits back and waits patiently for the silent period or another words the stock to become thinly traded.. Stage 3: The infamous DUMP! PUMP & DUMP = (DUMP) Carefully the once low volume that caused a bit of a spike suddenly stalls as the volume increases. The stock manipulators sell out their positions in to the promotion buying campaign. SHORT & DISTORT = (Preparation) Flags this run up scenario and the campaign then just sits back and waits patiently for the silent period or another words the stock to become thinly traded. Distortion of the rumors and the company are researched. Stage 4: The Silence or News Vacuum! PUMP & DUMP = (Silence) No more news or insiders leaks of information to pump the stock to get buyers. The front loading sells out. The silence plays on the emotional fear of being hoodwinked. Negative opinions begin to spread across the financial world. Joe public sells out to cut their losses. The really slick market manipulators would even seed the Internet news groups or other journalists to plant negative stories about that company. Or start a propaganda campaign of negative rumors on all available communication vessels. SHORT & DISTORT = (Short) The shorts step in selling on every possible up tick. Reverse of front loading by the way. Preparations are made to attack the guy who had earlier written positively about the company and take out, discredit, any new long-term champions or messengers. Stage 5: The Distortion! PUMP & DUMP = (Gone/Waiting/Shorting) SHORT & DISTORT = (Distortion) The shorts step in increase selling on every possible up tick. Just as with the pump, newsletters, e-mail, PR firms against P & D, etc. are simulated. Expertise in the field is recruited for credibility. Any possible twist using POS (Purposely Omitted Syntax) and PAS (Purposely Added Syntax) is conveniently used on every possible angle. If the POS/PAS is discovered then attack the messenger. Above all control the message boards. The group clutters the message boards so no positive information can be readily found. Justification is the “Value of the Company” in the market. Projections of $0.00 worth and loss projections of 100%. Note: The market manipulator will do everything in his/her power to keep buyers OUT OF THE STOCK. Cut your losses is touted to stimulate fear. You bought higher now they need you to sell lower. Stage 6: The Accumulation! PUMP & DUMP = (Gone/Waiting/Buying) If the manipulator sees an opportunity the stock is on the floor and not part of the Short & Distort campaign they will begin buying back in slowly accumulating. As the Shorters were shorting first manipulator was selling, so it goes the other way. Buying to put pressure on the shorter to cover. Accumulation by new investors and averaging down of old investors are leads to the pressure on the short. SHORT & DISTORT = (Pressure) The shorts have taken it too far. The volume is increasing and the price is not effectively dropping. A stalemate occurs. Personal attacks increase. Threats of legal action, SEC involvement, and yes even death threats increase. Increased secret IDs are employed to increase the cluttering, personal attacks and the distortion. Pump and Dump is fraught though out because the pressure is increasing. So begins a string of lies that run for as long as one's stomach can take it. Desperately playing on the "you have been had" scenario. Any news the shorters hit it hard to kill any interest. Note: Watch the volume not the share price. A market manipulator will have various brokers buying and selling the stock to give the APPEARANCE of increasing volume but the price goes down. Thus stimulating the story the company is selling or an off shore reg S or other convenient scenario. Watch for large blocks that show up but have a MM special code, cross overs, etc. Stage 7: The Cover. Note: An unexpected news release or too much buying pressure causes the price to start back up. Final attempts are made to stall the momentum. Kill the news is the ultimate goal and attempt to short and weather the storm. PUMP & DUMP = (Gone/Waiting/Buying) Silently the manipulator sees the pressure increasing on the buying and accumulates more. New investors come in on the anticipation of a turn in the stock… SHORT & DISTORT = (Run Up) Without warning the pressure is too much and the short begins to cover. Buy on top of new investors coming in the stock sky rockets. Now the shorts starting bashing the positive posters for Pumping and dumping. Now the whole thing can possibly start again. Just a vicious cycle sometimes. Note: the “Pump & Dump” I have seen is investigated by the SEC most of the time where the “Short & Distort” is not apparently high on the SEC's agenda and as a result rarely shows up in a civil case. The short, unlike the dumper though, has an unlimited loss factor should the stock price go up. Remember this is just my personal opinion. Check with a licensed financial professional on all matters of the stock market. GB

To: STOCKWOLF who wrote (454)	8/16/1999 12:27:00 PM
From: Ga Bard	Respond to of 2392

Orex Gold Mines Corp. Acquires Santa Maria Mining Corp. Business Wire - August 16, 1999 11:28 CORAL GABLES, Fla.--(BUSINESS WIRE)--Aug. 16, 1999--Orex Gold Mines Corp. (OTC BB:ORXX) announced Monday that it has acquired the Santa Maria Mining Corp., a California corporation. The acquisition will set in place the assets, personnel, mining equipment and expertise to develop properties for the Haber Gold Process (see www.orexgold.com). Santa Maria Mining Corp. owns the Santa Maria Mine and Mill located on the Santa Maria River near Wickenburg, Ariz. The 480 acre property covers substantial reserves of moderate grade (0.25 oz/ton) oxidized gold ore and a fully permitted subterranean gold mining operation. Don Blackburn has been named chairman of the board of directors. Blackburn owned and operated Blackburn Enterprises, a prospecting land acquisition company, which employed several geologists and geological engineers. He has over 45 years experience in the mining and drilling industry. Orex will be moving its headquarters to Wickenburg to begin processing current gold ore stockpiles totaling 2,500 tons. The gold ore from the property has been tested and proven amenable to the HGP technology. Warren Hemedinger, Dr. Henry Rosenberg and Norman Haber will be at the Santa Maria mining site Wednesday to begin implementation of the HGP circuit to the present mill. This will be the first commercial use of the Haber Gold Process (HGP). Discovered from a gold outcropping on the site, the mine was drilled by FMC Corp. and Energy Fuels Corp. The detailed development drilling defined a large vein of 90% silica, which washes out to nearly 99% pure silica (possible fiber optic grade). Silica is used in fiber optic cable, computer chip manufacturing and the main component in automobile tires, specialized glass and paint amongst many other uses. Silica prices range from $20.00 per ton for lower grades to over a $1,000.00 per ton for fiber optic grade ore. Silica is a byproduct of Santa Maria in the normal course of operation. Because the gold ore was historically processed using cyanide extraction, silica from the Santa Maria was contaminated and not suitable for sale. Orex's environmentally safe gold extraction process could permit the company to sell "non-contaminated silica" from its daily operations. This may represent significant additional revenue to the company. A demonstration of HGP is tentatively set for the end of September. Shareholders and members of the press are invited to attend. Those interested in receiving an invitation should call 888-749-OREX or e-mail info@orexgold.com. This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions, and all statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks defined in this document. These cautionary statements expressly qualify all such forward-looking statements made by or on behalf of Orex. In addition, Orex disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. CONTACT: Orex Gold Mines, Coral Gables Investor Relations Contact: Greg Finney, 888/749-OREX