can any one kind enough to provide comparison between ORP and ARX ( which is also a JV with ANTAM - one of Indonesian mining giant).
ARX has recently taken over by Antam for $1.00 (one dollar ) as ARX has been struggling to pay ANZ loan and could not find farm-in partner eventhough ARX's projects is much more advanced than ORP, and ARX has much higher grade ( from my recollection 10+ g/t AU ).
It was a sad story for ARX that has to be swallowed by its own JV partner for nothing.
What is the possibility of ORP being taken over by ANTAM ?
ORP Price at posting:
8.0¢ Sentiment: LT Buy Disclosure: Not Held