NI 43-101 Compliant Technical Report
372,900 ounces Indicated & 321,800 ounces Inferred of Gold At A Cut Off Grade Of 2.0 G Gold Per Tonne
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Ontex Resources Limited > Message
Pict0629

Re: What are the realistic expectation for this stock?

Posted by: crazydik on November 09, 2007 12:04AM

In response to: What are the realistic expe... by TooHotToHandle

For what it's worth, and purely imho, I see this stock going to $1.00 - $1.25 in the six month time frame based on proven resources, increased interest in the area, and continued drilling, and potentially $1.50 -$3.00 in the longer term (one year to 18 months) based on the increased (renewed) interest by the majors, the increase in gold prices ($1,000.00 - $1,200.00 in the one year frame) and the relative ease and low cost of extracting the gold from the ground.

Again, this is purely imoho, and is not meant to replace individual due diligence.

I am long (15 years plus) this stock, and am very encouraged by what I see with the company and it's neighbours, and the future of gold.

Good luck to all LONGS,

crazydik

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Armen Chilian
V.P. Exploration
August 12, 2008

V.P. Exploration Dicusscus Current 8000 m Drill Program

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