ORR 0.00% 56.5¢ orecorp limited

Some action, page-32

  1. 13,807 Posts.
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    I'm not sure about where to look for support or turning points on ORR. I think it will turn when the sector does.
    As for BSR, I sold my last ones at 3.2c before buying ORR at 27c but I'm still a bit better off for the switch than I would have been holding BSR. Also I am much more comfortable with ORR than I am with BSR at it's current price. BSR was good at 1c to 2c but continued unexplained delays in mining permit made me nervous at the higher market cap. Price has been defying the lower gold price which I'm very glad to see for existing holders. Maybe some larger player has some knowledge or maybe it's speculation. I have no idea why it's defying the lower sector. If ORR doesn't recover soon I will probably accumulate more for my long term holdings. The lower it drifts on this gold price speculation, the better the long term value and upside.
 
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