From the number of shares on issue perspective for an explorer technically, this is a no brainer hold for the long term. They have cash which is being generated rather than 'extracted' from current holder's dilution, no underhand free options given to management at ipo and subjected to Maldon achieving some on going income from the gold processing, Hogan project finances are taken care off so real value will be directly reflected in the SP.
If only we can use Tony Gray's work ethics and apply it to the speckie sector, a lot of second grade director leeches would be out of a job! And that should be the way rather than the typical dangle a carrot in front of investor's face and mislead them with the 'potential' they are missing on.
ORS Price at posting:
12.5¢ Sentiment: LT Buy Disclosure: Held
