Peter Imhof
Orex Minerals
REX-X
PAST TOP PICK
May 31, 2012
(Top Pick Jul 13/11, Down 8.69%) Funding issue. Venture is down about 38%. Exploration companies have come off the most. Smaller company that didn’t have a lot of cash. Two days ago they came up with a huge whole with 1.3 grams. If you have a long-term perspective, wait until they do their funding.
Gold and silver. Have over 1 million gold ounces in Sweden. Very cheap. Hit some targets in Mexico at about 180 and 270 g per ton. Just signed a joint deal. A lot of upside in this story. Very cheap.
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