OAU 10.0% 0.6¢ ora gold limited

yibbida yibbida its brewing, page-25

  1. 7,943 Posts.
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    re: what will the day bring eb...wanty wiooi I posted on this one over on TS about a month ago - I still have some oppies I bought last month at 6.4c although I bought more today at 21.5c.

    I sold all my FXROA (in at 57c out at 71c) as I think THX and THXO will give a better short term gain this week and then I should be able to get back on board with FXROA later this week and make a profit on THX and THXO all with the same pile of cash

    Just me being a short term trader again.

    Read the ann from 3rd August - there are still assays outstanding from copernicus - and the ones they reported were showing mega grades.

    Listen to the audio briefing from 22nd August - at about 6 minutes into the briefing the MD says - he expects to receive the assays next (now this) week.

    I hold quite a lot of these so I may be biased but the information available seems to support my positivity on this one.

    They have about 95mn shares in issue so even a 50c SP values THX at $47.5mn - I think that is too cheap especially if copernicus does become a mine by 2nd quarter next year. So of course at 35c where they closed today THX is a bargain.

    I did not plan to any more but after reviewing where I could get the best return this week THX came out on top so I bought lots more. I was planning to buy some more CQT on Monday but lost out there as they were halted - this may work out to my benefit as it gave me more funds to invest in THX.

    DYOR wiooi - but I think THX will fly during the rest of the week...

    EB
 
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