Captain,It's no mystery as to why Creasy has farmed out some of his extensive ground to juniors other than SIR.The way I see the big picture is that Creasy is well aware that with SIR's current market cap around $600M the scope for further appreciation in value is limited....eg even if SIR make another stunning discovery it would be hard for them to put on 100% gain from their current MC.If,on the other hand,ORN or WIN which are the two other juniors he has chosen to farm some of his ground out to were to make a significant discovery the the potential exists for them to have a very rapid increase in value just as SIR did a year ago.I hold parcels in four Fraser Range juniors at the moment and ORN is one of them.
ORN Price at posting:
11.0¢ Sentiment: None Disclosure: Held
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