norton the next big goldplayer, page-19

RE:- Orion

I think there is massive upside to Norton over the next few years.

2nd largest Australian focused gold producer.
150,000+ oz and still growing.

They have 15mill still to be received from the coal mine sale

They have Approx 31mill + 20 mill in cash backed bonds

Gold price should stay strong.

684.8m shares is not that many shares, look at fml.
At this price I think it is under valued.

As the debt is reduced further or gone all together you should see a re-rating.

I sure Sprott would not have invested in the company if there was not massive potential for growth.

I will keep buying especially at this price.

By the way PAB looks promising at first glance.
I will do some research into it. Thanks