While the company is "under resourced" staff wise I do like the direction they are going with their various JV's
JV Laos JV Caledon Resources JV Copper Flats
If a 1m oz proves to be there at Suplejack what are the chances of seeing a JV here as well?
ORD's management skill is in the deal making. They are clever in seeking partners experienced in turning in-ground resources into profits. This keeps the overheads low and provides each of their operations with the on-site management needed for efficient future operation.
It's also one way to stretch the cash and achieve rapid growth at the same time.
IMO this is one company that has the potential to be a future blue chip.
VAN Price at posting:
8.6¢ Sentiment: LT Buy Disclosure: Held