OAU 0.00% 1.0¢ ora gold limited

cant wait for this to go over $1, page-20

  1. 3,479 Posts.
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    Surely a large mining company or an asian conglomerate will have to take a stake in this company sooner rather than later.

    It's best to get in on the ground floor and assist with the mining of a potentially significant resource, to lock in supply.

    I see this way undervalued at the moment, however without a JV or a strategic investor, this will succumb to the volatility of the sharemarket, the shorters and the Algorithmic Bot trading computers.

    Until we can get a foothold into the chinese economy, and only then will we see reduced risk which will propel this skyward beyond $1.00.

    I foresee a significant rerating once the above takes place.

    When? Is anyones guess.

    OP
 
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