Orefinders CEO Letter to Shareholders & AGM Details

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[{"type":"text","content":"\n\n\n\nOrefinders CEO Letter to Shareholders & AGM Details\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nOrefinders CEO Letter to Shareholders & AGM Details\nCanada NewsWire\nTORONTO, May 13, 2019\n\n\n\nTORONTO, May 13, 2019 /CNW/ - Orefinders Resources Inc. (\"Orefinders\" or the \"Company\") (TSX.V: ORX) is pleased to release its 2019 Annual Shareholder Letter from the CEO sent to all shareholders as a part of the Company's annual meeting materials.\nDear Shareholders,\nIn a highly cyclical industry like mining, the best time to make acquisitions is when the cycle is at the bottom. That's where the market has been and that's the philosophy which Orefinders has executed. \nOver the past 12 months, Orefinders has significantly increased its portfolio of assets by accumulating projects at an advanced stage, with established mineral resources in strategic land positions. All of these projects share synergies based on proximity to each other within the Kirkland Lake / Shining Tree districts of the Abitibi.  I see our McGarry, Barber Larder, Mirado and Knight projects as the next generation of mines in the Abitibi. Like all development assets, they require investment via the drill bit to not just extend the known resources but also to offer the optionality of a game changing discovery by drilling in world class gold systems like the Cadillac-Larder Lake Break. \nSince closing on these acquisitions, our team has been preparing to invest in our projects. Too often our competitors rush to the drill bit to appease the demands of the short term investors. We have resisted such pressures, remained patient and completed the required homework. We believe this is a pragmatic approach to sound investing. Such a strategy may not suit day traders, but we manage Orefinders with the understanding that resource development requires a long-term approach.\nWe are confident with the state of the union of our assets and our capital investment strategy going forward. I also feel that, finally, the underlying fundamentals of the markets have begun the shift to where exploration ...

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