ORM orion metals limited

tcf,"Are you saying the future of ORM has been determined by a 7...

  1. 982 Posts.
    tcf,

    "Are you saying the future of ORM has been determined by a 7 day exploration program at Kill Killi?"

    Yes. The market only gives you one shot at hitting and ORM missed dismally.



    "Are you saying ORM aren't worth 20 cents?"

    Yes. 16m MC for an IGV of $0 is over speculated.



    "Have you watched PEK's performance (with twice as many shares as ORM) over the last months and last week particularly?"

    Very closely. I bought PEK & ORM at the same time, so my bank account is also well aware of them.
    You can't compare the two. PEK have 17 drill holes of 3-5% REEs to ORM's 0.1%. I probably have 0.1% REEs in my backyard.
    PEK also had great results from its initial drilling, hence justified the anticipation.



    "Are you saying the SP will fall once the options are exercised and allocated?"

    Yes. More shares means more potential of impatient holders dumping.



    "Are you saying that the ORM SP wont rise when exploration commences?"

    Yes. All those willing to speculate got their money trapped the first time. There isn't many more gullible people with money left.



    "Are you saying ORM has no chance of exploration anticipation and success which will further lift the SP?"

    Towards the expectation of assay results, I think the SP will rise. But how far will it have decayed by then?
    It'll probably go back to 15c before coming back to 20c for the assay results.



    "Do you think that a company with 79 million shares has too many shares in the market."

    Certainly not. If they find some IGV, it'll fly.



    "Do you discount the tightness of available shares to create a surge in buyer demand and in turn an increased share price?"

    The register is tight because most are holding at 30% loss. Those that get in at 20c can enjoy a 50% rise before the SP starts meeting any resistance.
    This of course all depends on 'IF' and 'HOW MUCH' they find in results.



    Are you saying you are a better informed and a better performed investor than Conglin?

    YES. With ORM, I got in at 23.5c and out at 28.5c. Conglin is in at around 26.5c and is still holding at 20c.
    20% profit to a 20% loss tells me 'I own him'.
 
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