awesome hree news, page-75

Sydney,

It's not about "trust the rock sample", but about putting it into perspective.

ORM currently has a market cap of about $11M (56m shares). Their copper tenements are easily worth $5m (10c a share). In fact Young Trader bought at 7c based on their copper targets (with drill results out soon).

They have $1m or so in cash, so the REE play is currently worth about $5m. I personally see a high heavy ree target over 2kms worth a lot more than this. $5M is peanuts for a "in demand" commodity.

It has been shown that recently major players have been willing to take stakes in companies like NTU based purely on "rock chips". Fully diluted NTU has a market cap near $60m at the moment.

I'm not saying NTU or ORM is worth $60m, I am simply saying that the current $5m for the ORM's REE play is very very cheap.

Stating ORM is only worth 5c ($2.6m market cap) is just showing that you haven't bothered to do your research.