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5,777 Posts.
424
07/06/11
10:51
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I got some at 0.003 at today's open.
Compared with DMN, ORO is super cheap.
ORO has 1/3 of DMN total issued shares, but free carried 30% until decision to mine, no need to pay the cost of scope studies.
ORO also holds numerous other assets, which indicates it is significantly undervalued.
I have consolidated shares for ORO, 200 million at 3--4c, MC $6--8 million, with promising REE projects in hands.
Let's hope the drilling returns a company maker result for ORO/DMN. Even if it's negative, ORO is still worth $6 million imv, too many assets!
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