Excellent research report. Confirms what we have all been talking about.
"Given the above we continue to rate Orinoco as a SPECULATIVE BUY, with a revised price target of $0.27/share, with considerable upside. Price movers will include the completion of development and commissioning, and then demonstrated production at Cascavel. We also see the potential for exploration success to move the price."
(Un-risked price of 0.443)
Proof will be in the pudding
OGX Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
