as they say when directors keep buying...

YOU BUY! well ok market is a little rough to expect buyers to follow at the moment, so lets say when directos keep buying you "TAKE NOTICE"!

OROPA is very well positioned to rerate against a rising gold price, through the market down turn OROPA has held its share price very well showing a very tight register of loyal holders, time to soak in some facts as GOLD becomes the flavour of the year imo:



* 1.01mil oz inferred & room to increase resource significantly with further drilling

* ANTAM in talks with OROPA to take a further stake in PUNGKUT, if goes ahead will give OROPA significant cash without diluting the company & will have a solid partner on board to advance OROPA to a producer

* Market Cap $10mil ludicrous for a advanced explorer/potential producer

* Scopying study results to be announced October, will hopefully show OROPA has the potential to be a low cost producer

* OZL next door to OROPA putting OROPA in a position of being taken over if PUNGKUT moves to production stages

* ANTAM holds 25% of PUNGKUT already & looking tto increase there stake which would puts ANTAM in prime postiion of taking over OROPA if OROPA advances to production

* Gold price US$905 - AUD$1300

* Drilling results pending from Old Camp Area & Drilling results pending from South Sarahan - Hutabargot Julu

* Gold likely to rise to above US$1000 this year/next year

* Gold demand surging as global recession fears mount, gold stocks very much becoming in favour as Gold attempts to move higher

* Top 20 holds 68%

* Directors of OROPA have consistantly been buying stock on market showing there support the past few months


No doubt OROPA has been a dead duck through the whole mining boom, though they trippled there resource since acquiring Pungkut in 2003 & the price of Gold has trippled, OROPA never factored anything into its share price, directors have managed to increase the resource significantly to 1.01mil oz over the past 4 years on a budget of around $9mil which has now moved OROPA out of being a explorer to now a company with a solid gold asset that has potential to be moved into production.

If you read into the comments made by the new director Misha (08 Jul 2008 17:18 Letter to Shareholders) he is no doubt putting his money where his mouth as he continues to buy stock on market to show his support.

Its OROPAS time imo, as long as gold continues on its path to $1000+ we are in a position to profit significantly as OROPA advances towards becoming a low cost gold producer.

Target .20 - .50

GOLD 5 Year Chart


OROPA 5 Year Chart



Recent Directors Buys:

*13 Aug 2008 11:27 Appendix 3Y - Change of Director`s Interest Notice
*12 Aug 2008 13:44 Appendix 3Y - Change of Director`s Interest Notice
*08 Sep 2008 12:26 Appendix 3Y Change of Director`s Interest Notice
*25 Sep 2008 16:25 Appendix 3Y Change of Director`s Interest Notice
*08 Oct 2008 19:42 Appendix 3Y