What follows is not an attack on ORS (it is general in nature) - it just seems to me that everyone (for some reason) want to ignore the very real warning signs that have exsisted with this company for quite some time now (as evidenced by the current share price). The basic issue currently/and for some considerable time has been that the company is spending more money to produce gold than it is currenly collecting in sales.This is unsustainable - and if not addressed will result in the company having to make some very big decisions (decisions which have recently been delayed due to the injection of additional equity capital). I don't think contacting management will help anyone - other than to hear comforting statements of hope regarding a BIG future turn-around when they finally get that extra 30 or 40 metres! Management are trying to deal with a tuff situation - the outcome of which on the balance of probabilites does not look very positive currently.
ORS Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
