I think that people need a little patience. The market never values a stock in numbers that us investors like to have put in front of us on a plate. All good things take time, and that is what is unfolding with ORD today.
To prove up a resource requires many many long hours of blood sweat and tears. Hopefully years later there is a JORC and if a company is even more forntunate production.
1 year ago ORD was worth 3c today it has tripled in price but I bet there are not many from that price 12 months ago still around today??. Management are still there but the stock has tripled. Jump the fence to Tanami our bigger brother next door with a golden tooth. Holders needed to be very patient to reap the rewards on that project but alas @ 1.05 I ber there are some pretty patient holders out there.
Currently ORD has 2 projects that are in the running to become producers in the near term. They are SARCO Alumina and Coal export from East coast. To put things into perspective the Coal aquisition will become significant in 2014. As for Alumina a 2 year EPC puts production in 2014.
So in reality as a shareholder to see the gains that this stock is capable of I envisage holding for the next 5 years plus some. Of course with stocks things change and stocks are bought and sold but the reality of it all comes back to fundamentals.
ORD has some key pieces of information that are due to be ticked off before the end of the year. Also with that if all goes to plan there is the serious potential in 5 years for this one to go into $$. I wait and observe.
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