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1.3¢ octagonal resources limited

$3M Cap, holds $6M in AYC shares, page-31

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wildpunk

1,255 Posts.

28/07/15

09:20

Post #: 15704310
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Originally posted by pe2023 ↑

wildpunk, AYCO trading at 1.9c steady, so ORS's 57mil options worth around $1mil, 170mil heads at the moment worth $6mil. ORS's chairman recently paid $300,000 himself subscribe AYC's share at 3c with 1/3 3c option, so you know these price is sustainable. and if AYCO trades at 1.9c, that give anther $3.2mil to heads in due course.

next week, you will see lots of activities in AYC's quarterly statement including more gold produced. and ORS has min. overheads now with $1mil standby facility.

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I agree with you however..Market depth is something i look very closely..m still new and prone to more errors then you guys...Also market depth can change within minutes...
AYC has gone down a lot more in last 2-3 days..ORS has been at .010 for few days now but hardly any activity..
And we all know where gold is heading atleast for the short term its not going up.

Hope you are right and i am wrong.

ORS Price at posting: 1.0¢ Sentiment: None Disclosure: Held
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