ORE 5.11% $6.13 orocobre limited

Ann: Advantage Lithium Appoints CFO and Project Manager, page-8

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  1. 1,122 Posts.
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    I agree we will follow suit soon and that is one of the reasons, I invested $400,000.00 in ORE at average price of 3.11.

    There was heavy sell off in Tech companies and now it is time to recover, thanks to Powel, Fed Chief comments. The job data renewed optimism about strong USA economy. The start of trade negotiations this week will send a calming message to the country. It is the opportunity that Trump and the Chines will take to help their stock exchanges recover.


    I say to people who are rightly whiniest about management and their less than optimum announcement, it is not that bad as there is still trust in the company, management and the fundamentals, marked by two notices of substantial shareholders in December and we are heading into dividends season and we may see good one. The company has net cash more than $220m in the bank and cash flow positive with still a healthy substantial margin, envy of many companies. All these noise what it did for smart investors  is to accumulate and build a nice position for a strong upside ahead.


    I have been following the company for the last two months and IMHO, the bottom has reached. This company and GXY will outperform the market by miles and this is another reason to invest big in these two companies. 


    Happy times ahead.


    Cheers,Sydney




 
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