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


To: bob who wrote (1069)8/29/1999 1:29:00 PM
From: Ga Bard  Respond to of 2392
 
<OT>LOL ... I buy numerous stocks on the floor and BTS them ... LOL

Yep, we got blind sided and KA went in and took it over and is getting it straighten out. BUT WHAT IN THE WORLD DOES THIS HAVE TO DO WITH ORXX???

Please take your off topic posts to the proper thread.

GB



To: bob who wrote (1069)8/29/1999 5:52:00 PM
From: Chuca Marsh  Read Replies (1) | Respond to of 2392
 
This is not you, I should say. RE:
ragingbull.com
I quoted part of a Bob L post at Haber Thread at S.I. in Feb 1999 stating that ORXX shares were 48,000,000 - I take it that was the early figure on the total outstanding shares. Back then when the float was said to be 6 mill all over the boards, now 21,000,000 this week.
RE :
ragingbull.com
POST# 101
By: Gravity-Player
Reply To: 100 by luvgold Monday, 22 Feb 1999 at 3:43 PM EST
Post # of 3306


Here's the Business Wire:

But I want to say something else:

Personally, I believe there is much more to this company than the Gold Processing breakthrough. This guy has other patents, of which I believe are even more of a breakthough,( for the medical community).
'Nuf said!

Haber, Inc. Grants License Agreement to Orex Gold Mines Corp for Its Environmentally Safe Gold Process

TOWACO, N.J.--(BUSINESS WIRE)--Feb. 22, 1999--Haber, Inc. (OTC BB: HABE) announced it signed a license agreement with Orex Gold Mining Corporation for the rights to commercialize Haber's proprietary and environmentally safe gold extraction process. Orex is a privately held company that is currently undertaking financing.

In the agreement, the Haber Gold Process (HGP) will remain under the control of Haber, Inc. and Haber will receive at least 10% stock position in Orex and a minimum of 8% net smelter return directly from all gold production.

Orex executives evaluated and confirmed all Haber's claims for the HGP, which, unlike cyanide used to extract gold, the HGP is non-toxic. "When we actually saw the process demonstrated, we were totally amazed at how fast the process worked on the gold. The fact that HGP is environmentally safe was a key factor in our signing the agreement with Haber, Inc.," says Orex's President, Warren Hemedinger. HGP is so environmentally safe, it passed California's Department of Health Services Acute Aquatic Toxicity Bioassay to qualify as non-toxic.

The process has been validated at the University of Nevada Mackay School of Mines and in four independent mining-engineering studies comparing the HGP with cyanide used for conventional gold extraction. HGP was found to be very effective for a variety of gold bearing ores and concentrates, some of which are resistant to conventional cyanide extraction. HGP costs the same or less than cyanide but extracts gold much faster and with greater yields of gold.

By putting HGP into production, Orex will be the first company in the US to commercialize this process.

Haber, Inc. is a high-technology process development company with proprietary processes in extractive metallurgy and electrochemical separations technology.

CONTACT:

Haber Inc.

Rick Poultridge, 914/878-1039

KEYWORD: NEW JERSEY CALIFORNIA

BW1068 FEB 22,1999

4:20 PACIFIC

07:20 EASTERN

P.S.-
So- what is the Haber Deal? 10% of 48 million or 21,000,000 so what is that ? @ 2,000,000 shares or 4,800,000 shares? When delivered, last week upon production DEMONSTRATION what specific wording? A permit or a plant? A test run, what? Inquirring minds want to know, we should know, or we will assume the worst on all this volume. The certs restrictions again, two groups of certs as stated in original POSTS in Feb and March? One? That April mid date was going around for delivery to Haber, was it done?
RE:
In the agreement, the Haber Gold Process (HGP) will remain under the control of Haber, Inc. and Haber will receive at least 10% stock position in Orex and a minimum of 8% net smelter return directly from all gold production.
Chucka
ragingbull.com
SEC Disclosure- Nothing needed. NADA- I did nada with this out fit, I did nada with any IR Firm that lead to an exchange of Money, stock, and warrants/options. I do free lance IR work for one company, as an individual subcontractor !)
Personal Trading- None, I never bought in or sold out of ORXX nor < sic or > HABE.
Writing and Reading- Yes, I do that. I am a poet. I am not a Bard. but - you all knew that deep down inside yopur hearts where the truth lies!