OAU 16.7% 0.5¢ ora gold limited

Ann: Native Title Agreement For Crown Prince & Lydia Signed, page-48

  1. 2,276 Posts.
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    it is worth now worth a few ideas of what might be the irregularities in the share trading in ORA.

    For a start gold price going bonkers $A5,575 oz.


    Ora initially feasibility on Crown Prince at $A5,000 an oz. big profits.

    You really have to read their latet reports to realise this company now controls one of the last major green stone belts in the immediate Meekathra gold area. Gold intersections in just about every drill target.

    So why is the price so low... Got me stuffed.

    One thought I had was if some outsider wants to knock them off, they must get around the shareholders that Phil Crabb and his mate the Chin holdings control.. 34% . This plus the money Phil Crabb has put in from his own money is obviously a stumbling block. I am happy with this who wants to get a takeover at 2 cents.

    Now present time.

    Shreholdersxwho are interest go the SFR HC forum, have a look at Carl's talk, particularly the last references to deep holes at Red Bore and their hope for the future to convert the $400m plant to gold. Looking to perhaps spinning this off with close neighbours.

    I wonder if one is OTA with the last major control of the Greenstone Belt north of Meekathara with heaps of gold is one they may have on their sights.

    As an after thought hats off to Phil Crabb who has over the last 5 or so years been able to consolidate from prospectors,buying Doray out and acquiring close neahbour claims.

    One last big hope... Sandfire Maybe very interested in the results when ORA drill their very promising VMS target at Govt Well. This may save us holders and SFR plant.













 
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