ORS market cap is only 8mil there really a micro cap 12month high of 22 and low of 11 current sp 12.5
Corporate Octagonal has cash reserves of $3.17 million (unaudited) at 30 June 2012 and 100,048,002 ordinary shares on issue.
In Western Australia Octagonal holds a 70+% interest in the Hogan’s Project where it is exploring for gold deposits in a highly prospective but underexplored area only 70 kilometres from Kalgoorlie. The gold potential of this emerging gold producing district is demonstrated by the recent exploration and mining success achieved by Silver Lake Resources at the Daisy Milano Mine and Integra Mining at the Salt Creek Mine and Lucky Bay Prospect. Octagonal is exploring priority exploration target areas that display the potential to host a major gold deposit.
UML Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
