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

To: Ga Bard who wrote (456)	8/15/1999 10:41:00 PM
From: Frank Fontaine	Read Replies (1) \| Respond to of 2392

OT! Gary, If it was repainted from green to red then that seriously detracts from it's value. Be very careful with that one. Old Blue

To: Ga Bard who wrote (456)	8/15/1999 11:10:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 2392

Ga Bard, thanks for your replies. You present a very nice analysis to the trading activity. Your description of ORXX as a shell however doesn't fit. A shell is only worth a penny, just the potential value for a private company to go public cheap merging into that shell. Is ORXX only worth a penny? There must be more speculative value to support the current price of $0.18, more when the price was ~$8. Even speculation must be grounded in potential value. Has anyone done an analysis of potential value for ORXX based on reserves, production, or anticipated metal in the ground?