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
Pict0629

Couldn't resist this share price!

Posted by: crazydik on April 01, 2008 06:42PM

For disclosure purposes, i have held and accumulated Ontex for the better part of 18 years. The management is slow as molasses which is an irritant; however, they have the goods.

Simple math of proven reserves in ounces times the price of gold divided by the outstanding float and applying a modest net recovery value makes this an obvious buy at these price.

Soooo....

Today I added 50,000 shares at .29!

I offer a quiet thanks to those with weak and/or impatient hands.

Let's see what this is worth when the drilling results come in. ;)

Cheers to all,

 crazydik

 

 

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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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