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0.6¢ ora gold limited

Ann: Crown Prince Delivers Further High Grade Gold Results, page-61

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Caromb15

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15/09/23

11:55

Post #: 69872048
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Originally posted by westaussie: ↑

Below is an extract of a report from a broker in regard to Westgold future, to supply feed for their mills. Note the merger and acquisition part in the report.
Growth: We note an apparent increased focus by WGX to turn around a continually depleting Reserve estimate having allocated an increased exploration budget to assist conversion of the current 8.3Moz at 2.39g/t Resource. Further to organic opportunities, we remain confident that WGX will remain on the prowl for M&A opportunities that have strategic advantage to the Murchison mills.

Now I am not suggesting ORA is in their sights, but suspect they will be keeping tabs.

ORA is currently drilling to prove up an open cut reserve, the results when available will be a factor for any predators. Any results that indicate 200,000 ozs plus at a 5 gram p/t grade will put the cat amongst the pigeons.

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Yes it will, but maybe it will be the cat among the bluebirds.
As I'm sure everyone knows, the key fact about Crown Prince and other prospects at Garden Gully is that they are only about 30km north of Westgold's Bluebird plant!

OAU Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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