As at 15 November 2007:ORO had 280 million shares on issue after...

As at 15 November 2007:
ORO had 280 million shares on issue after the recent capital placement.

Week end 7/12/07:
74 mil shares traded -- close 2.3c (up 0.2c) high of 3.2cents

Week end 11/01/08:
144 mil shares traded – close 4.1c (up 1.9c) high of 5.2 cents


The big flurry in December did not result in any substantial shareholder notices.
I wonder if the 144 million this week will.

Maybe just day traders – but ORO hasn’t really been a stock to attract that sort of activity --- although December’s activity would seem to have been just that.

Unless something special is happening --- the virtual doubling in price this week and the break of 3.2 cents will need some consolidation.

4.1 cents and 4.3 cents are areas of resistance.

I am going to wait and let the situation unfold --- whatever the outcome.

You risk short term gains by holding --- but the big gains will always elude you if we cash in on the first signs of activity.

Regards to all holders – cy7