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


To: Richard Francis who wrote (505)8/16/1999 11:30:00 PM
From: Ga Bard  Read Replies (2) | Respond to of 2392
 
I dunno that it ever was. This one is a whole new experience for me. The company does not know what is going one and neither does the TA nor any of the long term shareholders ...

I wish someone would show me the P & D. All media touting ended in mid July.

:-)

GB



To: Richard Francis who wrote (505)8/17/1999 8:32:00 AM
From: Richard Mazzarella  Respond to of 2392
 
Richard, there was a significant stock distribution yesterday. The volume was sufficient to even bring in day traders (that was the selling at the end of the day). Yesterday may have been the signal for shareholder capitulation (the bottom), but I'm still not completely sure. If it was capitulation, we should begin to move back up, maybe even sharply if there are actual shorts (which I doubt). There is still something screwy here that I can't pin down. The company public information suggests that there should be a large speculative run up based on upcoming events. The selling is inconsistent with even a pump and dump in the face of those fundamentals. Like I said, something is screwy.