incompitent market ignores brilliant upgrade

Well another day goes past & OROPA makes another brilliant announcement regarding Pungkut gold, a 49% resource upgrade to above 1mil oz Gold, so what market reaction do we get? a slight run to 8.9 & a poor close at 7.5 on very light volume of 2mil shares, showing the market shrugging off a major step forward for oropa becoming a producer in the near term.


These were the key points from todays news:


* Independent resource estimate for Sihayo 1 North increased by 49%.

* Inferred resource base now 12.1mt @ 2.4g/t Au for 910,000 ounces of gold.

* Combined Inferred resource at Sihayo 1 North and Sambung gold deposits
now stands at 1.01 million ounces of gold.

* Sihayo 1 North resource remains open along north western margin.

* Scoping Study to immediately commence for Pungkut mining development.

* Drilling planned at both Sihayo 1 North and Hutabargot Julu to further extend
resource base.

* Oropa will also embark upon an infill drilling program to increase resource confidence to at least an Indicated
status as preparatory work continues towards a Bankable Feasibility Study.



Now I have gone through my research over & over again & come up with the same answer major undervalued potential gold producer. ORP should be trading between .20-.50 with there Indonesian Gold/Malawi Uranium/India Diamonds


Market Cap: $13.5mil
Share Price: .075
Shares on Issue: 179mil
Project: Pungkut Gold Advanced 1.01mil oz
Neighbours: Oxiana, Herald

Very Strong Spec Buy

DYOR