I like underdogs and I am a stereo-typical spec addict, so I cant help giving ole Tony a ramp here and there.
To be honest, the last 18months has been absolute hell and I have moved more into near term producers and proven ore bodies.
I dont have the heart or the cash for an over-weight position in explorers anymore. Even though they have rarely been cheaper, you have to look at the bigger picture and until commodities are driven by demand and less from Inflation expectations, exploration specs are simply too hot for me.
Anyone who is looking for guidance on how to invest the Spec part of their portfolio will certainly learn a lot from Tony.
Back to ORS - here is a company (like NST) that can self fund growth and exploration - a model that is better for my poor old ticker...
Cheers nokk - glad you got set early
ORS Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
