ORC orchid capital limited

Sorry Mister but if you researched mine companies that have been...

  1. 35,583 Posts.
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    Sorry Mister but if you researched mine companies that have been in China for a while you will find none of them have done very well as far as share price going up all are stagnating (that I follow)
    All these companies still have a cap of less tha 50 M with the following resource base in Au
    Inter-citic over a 600,000 ounces @ 7 gms tonne and just scratched the surface
    Afcan mining 790K ounces
    Mundono 5.5 M ounces
    Minco 3.7 M ounces
    Jinshan Gold 1.7 M ounces
    Continental Minerals not sure the resource but it is huge
    And the above mines are in China not Tibet which in theory should reduce risk

    Part of the problem is going through the legislation
    go to commission of foregn trade
    bakshish needed
    Need JV approval
    bakshish needed
    more permits
    more bakshish
    Go to MOLAR to issue more licenses (hopefully to mine)
    more bakshish and a probable refusal

    eventually the market will take note like it did with the DRC but it does not seem to have yet


 
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