OAU 0.00% 0.6¢ ora gold limited

thx and umc the next play, page-44

  1. 953 Posts.
    Smuck what are you calling a long time?
    Also
    "I have lost confidence in mgt ever pulling off anything big"
    Dont lose faith. These times we are in are making it very tough for any company to come to fruition. But firstly lets look at some things.
    1) Copernicus when nickel turns brining in cash.
    2) Then there is only 113,915,409 shares on issue. Plenty of room for raising cash down the track through another issuing of shares. Lets not forget that they give their shareholders first option.
    3) UMC holding which if rumour be true on HC, should bring in a lot more cash than they present at the moment.
    4) Global outlook (and Australian) to Uranium improving every month.
    I dont know but how many companies with a little over 100 mill shares on offer are at 10 odd cents and have all these aces in their deck??

    I agree we will be in for a long time but my reason for agreeing is one of massive gains.
    However if one doesnt have the stomach for waiting it out I am sure the short term investor wont be disappointed either.
    THX cost me stuff all in reality so for me to drop them in the draw is of no concern...........
 
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