More positive reporting.... so much for the negative doomsayers...

More positive reporting.... so much for the negative doomsayers

http://www.riversidegazette.com/time-to-buy-orocobre-limited-after-todays-huge-increase/

Time to Buy Orocobre Limited After Today’s Huge Increase?

The stock of Orocobre Limited (ASX:ORE) is a huge mover today! The stock increased 2.40% or $0.06 on March 14, hitting $2.56. About 603,531 shares traded hands or 7.14% up from the average. Orocobre Limited (ASX:ORE) has risen 55.15% since August 17, 2015 and is uptrending. It has outperformed by 58.10% the S&P500. The move comes after 7 months positive chart setup for the $536.27 million company. It was reported on Mar, 14 by Barchart.com. We have $4.02 PT which if reached, will make ASX:ORE worth $305.67M more.


Orocobre Limited is engaged in the commissioning of the Olaroz Lithium facility and the operation of Borax Argentina SA . The company has a market cap of $536.27 million. The Firm focuses on the exploration and development of lithium, potash and salar mineral deposits. It currently has negative earnings. The Company’s divisions include Corporate, the Olaroz project, South American Salars and Borax.