With 1.01mil oz gold & potential to increase the resource substantially with further drilling ORP is to cheap at current levels, market cap of $15mil is pricing oropas Advanced Gold Project at the same price as explorers with no resource, no doubt we are all frustrated with managements efforts as they have not attracted the market interest ORP deserves, but at current prices ORP vs Gold $1000 its hard not to buy, so after long consideration I bought more today hoping management will use $1000+ Gold price to attract the market to the story.
No doubt we will see a placement coming soon, at what price & how much is anyones guess, so lets hope its done to some serous investors this time around.
Crunch your numbers & you will see its simply undervalued.
On the chart ORP breaks .04 should see a move to .05 - .06 range.
6 Months
{U};VOLMA(60);MACD(26,12,9);ATR(10);&OVER=Extend.BB(20,2)&COMP=&Skin=GreenRed&Size=640&Layout=2Line;Default;Price;HisDate&Width=1 "http://asx.netquote.com.au/chart.aspx?provider=CSV&Code=ORP&MAIN=Native.MAIN&Type=3&Scale=0&IND=EXTEND.RSI(14){U};VOLMA(60);MACD(26,12,9);ATR(10);&OVER=Extend.BB(20,2)&COMP=&Skin=GreenRed&Size=640&Layout=2Line;Default;Price;HisDate&Width=1")
dyor...
With 1.01mil oz gold & potential to increase the resource...
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