Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ga Bard who wrote (951)	8/27/1999 7:29:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 2392

Ga Bard, <<They nay it down and then buy in>> You've got to be one big jerk if you believe that postings to message boards move stocks. Those that may be susceptible deserve to have their lesson, the hard way just like us, you pay your dues. Now I'll give you a little advice, you may know how to tout stock, but Tim knows the mining business. You don't have the foggiest idea if ORXX has a working business or not. Tim can help us all to that understanding. Or are you just a flip trader in this stock like me? You just don't like what Tim is telling us because the information runs counter to your money, that stinks and it's dishonest. Think about it. Now for the real purpose one can find in these threads, it's investor sentiment, nothing more. Those that follow the touts of others are bound to be separated from their money, it's that simple. I told you Tim is a friend, he may be wrong, but honest. I'm really not sure of you.

To: Ga Bard who wrote (951)	8/27/1999 7:48:00 PM
From: Tim Hall	Read Replies (2) \| Respond to of 2392

Gary, I am trying to give you all of the help I can. I just sent this letter to the President of ORXX. You might mention to him in your next conversation that he should address these issues ASAP. By the way, I am on vacation today, I only spent three hours in the office. VBG Mr. Warren Hemedinger President, Orex Gold Dear Mr. Hemedinger: As a shareholder of ORXX I am extemely worried about this company. Not only can you not explain the stock action but you have not reported any of the basic fundamentals. I would encourage you to update the shareholders as soon as possible with respect to the following: 1. What was the actualy price paid for Santa Maria Mining? Was it shares or cash? 2. What are the reserves at Santa Maria. I want to see how many holes were drilled and what are the grade intercepts for those holes. 3. I know that Phelps Dodge has closed all of their smelters in Arizona so what are the prospects for the sale of any silica. 4. I also know that no action has been taken to activate the ground water protection permit and upgrade it to an Aquafer Protection Plan. I believe this process might take longer than one month. What is being done to implement this as soon as possible. 5. It is my understanding that the mine and mill are on land which the state of Arizona has responsibility for surface management. If that is the case Orex will have to obtain a reclamation permit and post a reclamation bond. How soon will this be done. 6. What are the companies estimate for mining and milling costs of the underground gold deposits at Santa Maria? I will be posting a copy of this letter on both the Silicon Investor and on Raging Bull. I think it is imperative that the company address these issues as soon as possible. Thanks for your attention to these issues. Timothy L. Hall P.E.