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

To: Aj-Ruk who wrote (529)	8/17/1999 9:59:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 2392

Stock Structure according to the TA, company and Shell Searcher's faxed documentation: No warrants/options/preferred/Reg S/foriegn funding/ Reg D (504) Apprx. 300,000 at $1.00 to be issued on or around August 31, 1999 which was done in the early stages or rather early spring. 23,342,500 Outstanding Shares which consists of the following: 4,893,000 Restricted Shares (2 years from March 4, 1999) ========================== 18,449,500 in the Float (Available for Trading) 3,180,800 DTC as of 8-6-99 1,600,000 Transfer Agents Street Name Figure 8-17-99 ================================== 1,580,800 Short Position As of 8-6-99 16,849,500 Not in Street Name (In Cert Form) Verified certs: 1,400,000 Shares held in Cert from Enroute (friendly) 4,000,000 Cert # 01002 (Note: Mamouth on 7-23-99) 4,000,000 Cert # 01003 20,000 Cert # 01005 250,000 Cert # 01007 1,060,000 Cert # 01008 2,000,000 Shares held in Cert Form Enroute from Escrow 1,000,000 Shares held in Cert Form Enroute for correction =================== 13,730,000 In Consultants, friends and Long term Holders 3,119,500 In Cert Form Ex MMDL Officers (Unknown) This is the best I could put together on the phone with the Transfer Agent and compnay today. The TA stated, he has not received any transfer nor any calls verifying a certificate for stops or problem with the certificate. From this point I do not know... But it appears the company has been telling us the truth about 1.6M in the free trading float. Any comments are welcomed. Can it be a broker could be selling stock and not have to transfer it till after it all is sold or do they have to get good delivery on the stock prior to selling it into the market. Dang this takes a lot of work. :-) GB