GXY has been a tragedy for shareholders. I owned a few way back but after some research it became clear that ORE had the compelling story.
Good to see mainstream broker coverage of ORE has commenced (FN Arena 11/12/13):
"Deutsche Bank has initiated coverage on Orocobre with a Buy rating and a $3.10 price target.
The company is developing the Olaroz lithium project in Argentina, with a 66.5% stake. This is the first greenfield lithium brine operation in 20 years. First production is due mid 2014, with full capacity expected in FY15. The company also owns the nearby Borax Argentina operations which provide marketing synergies with Olaroz."
ORE Price at posting:
$2.22 Sentiment: LT Buy Disclosure: Held
