Hi everyone, It was once reported by Indonesian Mining...

Hi everyone,

It was once reported by Indonesian Mining Association's web site that Indonesian Forestry minister will allow 13 mining companies to mine in protected forest areas, Sorikmas mining ( 75% owned by ORP ) is on the list.

Here is the link :
http://ima-api.com/news.php?pid=1409&act=detail

I expect the decision on the above to be made soon. And we will see a huge increase in ORP's gold resources.

ORP's indonesian gold project will be a take over target, the same has happened to recently take nover HER. ( Both HER and ORP have local JV with ANTAM, state owned mining giant).

At current gold price reaching $900, the above scenario is imminent.


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I hold ORP.

DYOR.