With GOLD looking to break & hold $1000 we are entering into a GOLD BOOM, imo could see $1100 - $12000 gold price by years end which could easily see a company like oropa turn from a $15mil market cap to $50mil - $100mil market cap, cant forget where oropa is positioned next door to MARTABE that sold for $217mil which from memory needed another $400mil to get into production, Oropas mine is open pit, operating costs of $442 vs $1005 gold price, $40-$50mil to get into production, multiple untested gold targets, potential to "significantly" increase the resource, oropa is more then well positioned to have a major rerating if GOLD continues to rise, now its all about how the management move on this while GOLD starts ranging $1000+, our patience may just be rewarded if this is finally the begining of a major GOLD BOOM.
Fridays price action is a good example of how hard oropa can be to get set if it starts to move. I did a little buying myself friday then before I knew it the sp was .045 with no sellers to be seen a reaction we have not seen in some time, no doubt some stale bulls will show there hands which should be used as a oppertunity to enter if your bullish on GOLD rising through $1000.
dyor...
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.25M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.4¢ | $3.096K | 57.33K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 43 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 9770 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 43 | 0.057 |
1 | 23424 | 0.054 |
2 | 130000 | 0.051 |
1 | 10000 | 0.050 |
1 | 74950 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 9770 | 1 |
0.065 | 4209 | 1 |
0.066 | 22000 | 1 |
0.070 | 26014 | 1 |
0.074 | 20000 | 1 |
Last trade - 12.12pm 09/08/2024 (20 minute delay) ? |
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