OAU 16.7% 0.5¢ ora gold limited

re: Ann: Extension to Closing Date for Rights... I will be...

  1. 2,276 Posts.
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    re: Ann: Extension to Closing Date for Rights... I will be taking up my rights issue.

    I would rather punt on a 5 cent stock with advanced projects under the drill than contribute to a new IPO at 20 cents when they have to go through all the rigmaroll of acquiring Native title clearances, drilling contractors etc.

    Shareholders should factor in that THX still has a 20% interest in the Nickle deposit at Copernicus, JV with Panoramic. The nickle price is improving.

    THX has a lot of proven Uranium.

    THX has proven copper results.

    I could go on but I have been accused of being a ramper so I will shut up.

    I will be happy to see a takeup of around the $2m mark, that way we will have some extra cash and not so much dilution.

    Directors have given long term holders a chance to average down, take it it or shut up.

    Do your own research and make a decision. Either way it will not worry me as I will hang in there.
 
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