As it stands the market views ORD as a bauxite play. Which is no bad thing but what many non-holders don't realize (yet) is that with Suplejack and West Wylong ORD is also very much a potentially decent size gold junior.
Remember we have proven fields.
There are pure gold plays on the ASX with less to offer than ORD but already trading at higher marketcaps.
We've all seen the huge gains goldies have made during the past year partly due to the rising gold price and partly from progress from exploration to mining.
After having been involved in some of those myself (ie DRK, GMR & SLR) I'd say NONE of that potential is priced into our current marketcap.
VAN Price at posting:
7.9¢ Sentiment: LT Buy Disclosure: Held
