ORP 0.00% 9.5¢ orpheus uranium limited

orp vs fse both looking at coal aquisitions

  1. 20,448 Posts.
    lightbulb Created with Sketch. 267
    Since FSE is trading at a insane market cap with nothing to its name, thought I would start this thread to attract interest to a real story:

    Both ORP & FSE looking for Coal Aquisitions, which shows best value??

    Something to think about:


    ORP: $8mil Market Cap, Advanced Gold Asset, Attractive Uranium Leases & Advanced Indonesian Coal Aquisitions In Negotiations which could be bought into production in 6-12months

    VS


    FSE: $30mil Market Cap NO PROJECTS & looking at African Coal Aquisitions




    ORPOA - Project Evaluation

    In Kalimantan, Indonesian numerous coal projects were assessed involving a number of site visits to
    meet with property vendors, local government officials and to review all available historical data and
    licence documents, etc. Although the vast majority of these projects were rapidly discarded, the
    Company continues to investigate exploration and mining opportunities in this emerging coal province.
    Oropa has recently entered into more advanced negotiations with two Indonesian groups in
    connection with areas in East and South Kalimantan that exhibit the potential to host medium to large
    coal resources.
    These assessments have established that the attrition rates are high, requiring a thorough due
    diligence and technical appraisal of each prospect, prior to entering into any formal commitments to
    enter into option agreements or joint ventures. However, the Company considers that these ongoing
    evaluations are justifiable and the processes continue.
 
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