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
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Re: What's going on - TO jjshantz

Posted by: Pablo19 on March 13, 2008 09:44AM

In response to: What's going on by jjshantz

jjshantz,

personaly iam not suprised with the delay. these things happen all the time int he resource world. if its not the drill rig delaying the project, its probally shortage of labour or bad weather. other then that once drilling its completed you have to conted with slow assay labs. this may sound negative but look at the bigger picture. all this is hapening because the resource sector is HOT.. to much demand for everything and not enough supply.

Anyways this delay is in our favor. Look at the price of Gold! id rather have Ontex announce drilling for Gold and increasing their mineral resource estimate to $1mill when Gold is at a thousand. ALL eyes will be one us!

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Executive Address
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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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