ORP 10.3% 3.5¢ orpheus uranium limited

Maybe you should sell JB? Gold could possibly go lower & by the...

  1. 19,620 Posts.
    lightbulb Created with Sketch. 35
    Maybe you should sell JB?

    Gold could possibly go lower & by the header of your post you seem concerned.

    If oropa was .20-.30+ now & had actually priced in the 200%+ increase in gold & the 200%+ increase in resource since they acquired this project & where producing, then I would be a little worried about the price of gold, but as we are .05-.06 with a market cap of $10mil & the only thing we are pricing in atm is the Malawi tenemants, I hardly see any concern other than a very volatile market, sure gold falling takes the shine away from gold stocks that have priced in the rise but to date oropa has priced in nothing as I have shown in the past by comparing oropa with shell companies that have the same or higher market cap then oropa & either have no projects or very early stage projects, showing how ridiculously ignored/overlooked oropa is.

    The 1mil buyer at 4.8 is a good example if one wants to get set with decent size parcels they will have to pay up, the 1mil buyer has been there for the past week with no interest from the market to sell down to the bid.

    Directors have bought some small parcels this week, scopying study results due around september, drilling underway in a high grade area outside the area oropa has proven 1.01 mil oz inferred, with results due as they are received likely september some time, malawi ground work underway, as usual alot happening but sp only pricing in a very small part of the company.

    I remain bullish until I see a reason not to.

    DYOR & take note its risk vs reward

    5 YEAR OROPA CHART


    5 YEAR GOLD CHART
 
watchlist Created with Sketch. Add ORP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.