high volume 2nd may 2013, page-5

The key to ORS is to watch out for the cash drying up. Drilling holes costs money...there's no two ways about it. And with little cash available, it could wither away in time and the nil debt balance could start to build. Else a cap raising. They do call these company-types penny dreadful.

I like what happened with AGS in 2006 & 2007. Looks like it started at 1c and moved up to $2.50. I wasn't around back then but could the ORS directors achieve the same here?

I do like what Tony Locantro said about ORS at his most recent presentation at Broken Hill.


-Risk/reward profile EXTREMELY ATTRACTIVE


-11c and market capitalisation of $11.6m. The replacement
value of the Maldon plant is $15m.


-ORS at the end of the March 2013 quarter had $2.4m in the
bank and was cash flow positive during the quarter.


-ORS has no debt.


-242,000 oz (JORC) gold resources + highly prospective
tenements.


-Methodical management team that have been advancing
the company with very little market recognition.


-No “blue sky” factored into the share price whatsoever