ONTEX’S SILVER LINING & GOLDEN RULE

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AUDE

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ONTEX’S SILVER LINING & GOLDEN RULE

in response to

Just a thought...

ronz

posted on Jan 12, 2008 09:34AM

Ontex’s Silver Lining:

A study of mineralogy and metallurgy on Ontex’s Brookbank/Beardmore gold deposit was completed on July 14, 1986, at the request of Hudson Bay Mining and Smelting Company Limited.

The mineralogical studies indicated that the precious metal mineralization consisted of gold-silver particles with an approximate GOLD to SILVER RATIO of 80:20

Golden Rule: Over the past 2.5 years valuations ranged between 10% - 14% relative to spot gold, for gold company takeover targets, hosting in- ground / non producing gold reserves, plus an additional premium for related under-developed properties, tax losses and other assets. Closing Spot Gold: US$894.90- Silver: $16.23
Have fun working with the Ontex valuation numbers –
Hint: The empirical valuation is MUCH greater than the $0.92 share price of Nov. 6, 2007

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