Trashing of the Orocobre share price, page-8

With such a small % of total shares shorted I doubt that is the reason for recent correction. IMO it comes down to a combination of fundamentals (delay in nameplate) and a sector wide correction. The long-term fundamentals are still there just with the massive gains the sector has seen, profit taking was in order.

Looks like someone has been placing big bets against PLS over last few months.


Shortman is delayed a few days so we may see more shorting of ORE but I'm not worried..

We have scoping studies due end of next month, Q3 quarterly in October and the much awaited nameplate production milestone in November.. Plus with some of the recent prices Audax has reported I would not be surprised with a Q4 / Q1 (2017) price forecast of >$12,000/t, we are producing white gold at the perfect time...