NI 43-101 Compliant Technical Report
694,700 Ounces Of Gold At A Cut Off Grade Of 2.0 G Gold Per Tonne
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Ontex Resources Limited > Message
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Any comments on the MD&A? - Cedar?

Posted by: Brulenorth on November 15, 2007 02:29PM

In response to: Re: NEWS - Ontex Resources ... by markbmx

Boy that was a snoozer to read through - not encouraging guys - alot of covering of ones backsides on any forward looking statements.

They are very clear that they have no experience in bringing the company to a mining stage, thats fine - geology is a science, leave the mine building to engineers, but this was overall a very even keeled statement.

Financials - not a bad cash burn, some royalty income - hopefully with natural gas coming up a bit perhaps more cash there.

I read insurance company financials - not juniors - Cedar - can you shake some mulch on this?

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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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