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

To: Zeev Hed who wrote (1030)	8/28/1999 6:21:00 PM
From: Ga Bard	Respond to of 2392

CTHL I was very much aware of. Ok boxing is where an MM goes on both the ask and the bid and can easily move shares (big block shares) around to affect the volume and also walk the stock price down. Now the investors see it droppping and big blocks going off and sell ... Thus the MM makes money on shaking out shares. Also if an MM knows there are 18M in cert form and only 1.6M in street name he will box it down to get those certs into streetname and in brokerage houses. NOw typocally when he has the box he can have another MM on the sideline. This broker can buy from the box bid AND buy from the box ask ... The box is used to hold down the share price so the sidline can buy. As you watch level to ... An MM will do this and if walked on will scramble to control the box. Learning about Boxing from a real world finanical broker who does not and will not invest in OTC's. This one broker is neutral and he thinks someone though they were successful at getting the certs into the brokerage houses may have taken this one to far. And in the process has the real world looking at it now. trading the streename is not healthy when you have boxed a stock to a price where the MM feels it is at it "Fair Market Value" .. continuing to box it means he is scrambling. If someone was selling why box it? If someone is selling why all the MM codes and large block cancels? Anyway boxing is used to drop a stock price and is used to cover or accumulate a position by MMs. Typically when this is done though there is another MM on the sideline... Hope I explained this right. :-) GB INFE was another one where an MM boxed it down to .09 and it recovered to $8.00 but eventually fell back or was shorted back.

To: Zeev Hed who wrote (1030)	8/28/1999 7:34:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 2392

Also ZEEV the bashers are now speculating on the amount of stock for the Santa Maria Mining Corporation could be the floorless. Again that is a crock and the stock has not even been issued yet. It is suppose to be 5 - 8 Million 2 yr restricted and no money I was told ... the 5-8M is what I was told by both Don the new CEO and Warren plus others. The stock price does not have an effect of the stock exchange for the acquisition. However, the bashers will play it for as much as they can. I and others since we bought in on the gap from .344 to .688 on 5000 shares on the ask on July 29 have tracked the technicals on the fall. Also I would say that because of the fall from $7.81 to even $1.00 would have probably been flagged by the SEC. Now you know the SEC loves a stock that acts like this one. OTC start up and nothing to justify it at all. However, the SEC would check the TA numbers including street name and the volume and the DTC reports. Seeing what I am seeing there was no pump and dump that anyone can prove or even see. However, HRZG who was in constant contact with Warren and has been on the box since the fall. On June 4, the stock drove from 7.81 to as low as 1.75 on 120,000 shares .. Thinnly traded moves great on any selling power at all. Plus 18M in cert form of the long termers. If that does not flag a "Fair Market Value" short nothing will. Shake out shares and cover. PLUS since HZRG is in florida and talking to Warren he kept a good ear for the frustation and the pulse of the company's complaints. There is a lot to this one. A lot. Just look at the historical trading log I have provided with the events. The bottomline is if the real world sees what is happening and cannot find an off-shore or convertible which according the company and the TA neither exists you can bet some opportunist sharks ar looking seriously at this puppy. Not to mention gold investors that are looking for an alternative to cyanide to give the gold mining industry a boost. Now you are savvy enough to understand what has happened and if you compound the convenient twisting, which I have not minded because I have taken all the DD of the bashers and gotten to the truth, you begin to see a force does not want this HGP in commerical application just in case it might be real. But because of the bashers I have the summary page with the links for the basis of the DD. All you have to do is watch level II ... Also if you watch the trading to the bashers the historical price drop it is amazing. Especially the bashers of anonomous ID on Raging Bull. Botomline is not the value of OREX or the deal with SMMC because that has just happened. But why this stock which was held so tight has fallen to the level it did. Now things are happening and the volume is picking up. Is someone selling now .. probably because this fall got 10M in street name just last week which brought up the street name from 1.6M. However the longs and new people buying in would have already totally bought up the street name if every single shareholder were to have just given up and sold. It would have to be that and even those new shareholders would have had to given up also and sold. Plus until now it was rumored the longs were selling on good delivery. Ok if that was the justification for the fall because of a promised cert and sold before transfering into street name then why is the volume so large now. Makes no sense on the shareholders selling off. Now I may be dumb but trading close to the street name since I have been in this stock makes no sense what so ever. This is not about mining this appears to be about stopping Orex from using the stock as a financial vessel to raise capital to get the mine open and the HGP tested. From my understanding they have the money to do that already. I believe HABE has been nailed also but Habe has 80M out there to short against. Anyway this is what I think based on tracking level II and the bashers and the DTC/Transfer Agent numbers. Fundamnetals on this is not worth the effort because until the HGP is in commerical application and works we got nothing but a gamble here. The point right now is the Technical analysis and the fall ... that no one can explain except the HRZG has boxed it since I have been in this stock and watched it fall methodically every day. GB