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
7.5¢ |
Change
0.001(1.35%) |
Mkt cap ! $14.23M |
Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 7.2¢ | $5.538K | 73.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 44253 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.5¢ | 27661 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 44253 | 0.071 |
2 | 650000 | 0.070 |
1 | 84838 | 0.066 |
1 | 14000 | 0.063 |
1 | 4772 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 27661 | 1 |
0.078 | 580 | 1 |
0.080 | 9590 | 1 |
0.087 | 12000 | 1 |
0.098 | 9128 | 1 |
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