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

To: Qone0 who wrote (2179)	10/26/1999 5:51:00 PM
From: Tim Hall	Read Replies (2) \| Respond to of 2392

Robert, You bring up some good points. In turn I would ask: Orex claims Don to be there Mining Expert. Aren't you a little bit worried that he is recommending his own properties? Wouldn't it have been in the best interest of Orex shareholders to have an independent third party geologist or mining engineer evaluate these properties before Orex issued shares for them? Doesn't it bother you just a little that the actual number of shares and their status has never been disclosed by the company. Tim

To: Qone0 who wrote (2179)	10/26/1999 8:02:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 2392

Ummmm... yes, that was my point. Today's press release at best was a platitude, and, at worst, an excuse to release news. It's not the content that's the problem, it's the timing. How can you preannounce a stock buyback when you haven't even made your share structure public? If not for Ga Bard calling the TA (kudos for that), how would most of us even know that the outstanding has increased by 30% since late last month? Do you know how many more shares ORXX plans to issue prior to the time they are in production and making money? Want to bet the outstanding increases by at least 5M shares far far before ORXX starts their 5M share buyback? Get the picture? - Jeff