Ord is one of two of my long-term stocks that I hold, so I watch it closely.
From the curent chart Ord is going better than I anticipated, I expected a bit more of a pull back than has occured. It also looks like it has started a new range up (it broke into new short-term territory Thursday and Friday last week).
If price goes down I will probably buy more. If price goes up I will keep a close eye on up-coming projects and announcements before I choose an exit point. I am not looking at selling for at least 12 months and I don't have a target at the moment but I feel that Ord is very under-valued.
Based on the inground value of the Laos project alone the share should be worth around 30-40 cents (my very rough estimate only), but it needs some more certainty relating to that project direction before that value is realised.
There is also a lot of speculative value in the drilling of the Copper Flats project. The gold project also looks very interesting to me.
Next year is going to be a very interesting year for Ord.
