further significant gold intersections, page-3

RT,


I must say this market is depressing, some days I just don’t want to log on to my account as I know I will see red.

No matter what ORP is announcing, no one is taking notice. Well no one has any cash to play with, and if they do they are waiting for clear signals that the market is heading north.
Right now it’s like trying to catch a falling knife.

As for ORP not mush trades happening, and as far as I am concerned the main share holders are not doing the company any favors.
This stock has never had a good run, it has never made anyone any money, and yet it has the most loyal holders that I have ever seen in any stock.

It was flat when the rest of the market was packing on grate gains. It was caped when it announced good results, i.e. 1.01mil ounce. And now it is still flat as the rest of the market is free falling.
I don’t know what will get this share moving. One thing would for sure is the major holders, when they decide its time to move its going to move, no matter what the climate is.

For that reason I think the management is not doing themselves or some of the share holders any favor buy supplying the shares to current top 20 share holders.
They have shown no support to the stock, and are only interested to accumulate at low end of the scale.
I can see this stock in the range of 4 to 5.5 for the next 2 years, as I don’t see how this will excite anyone in this climate, as it failed to excite in a bull market.

This stock will only move when it starts to roll out gold bricks.

We have some very hard headed holders that don’t care about making money; especially for you and I, they care about making money in 2 to 3 years time when they have milked all the shares that the co needs to issue in order to raise working capital.

And even then we might se a take over and all the small guys will get screwed with no significant return on there investment. I am pointing the finger at Antum they don’t want the natural resources go out without a big chunk of the profits staying in the country.

Would hate to be correct on this and I will expect some criticism regarding this post, I am just calling it as I see it. Yes I am holding and would like to buy some more, but just cant see the rest of the market doing the same.