I value your input and research on this stock, one question, do you know of any PR or road show plans by the company that could indeed expand there exposure to a grater network of investors / brokers, surly if there is any cap raising on the cards then the PR plan would be the starting point. Often stocks that are held tightly receive there cap raising via offer to the existing major holders, I have been in a number of stocks, and at times the news of cap raising is evident only after the funds have been raised. it happens throw sophisticated investors offering and so the general share holders get the short end of the stick, and only receive further dilution to there holdings.
I have a substantial holding in this stock and plan to hold for a long time and not trade, as I normally do.
It is not often that you come across a stock like this that has the potentials of returns beyond the average mining stocks.
You only have to go back and look at OXR when they first started exploring, it took some time to convince the market that the location of the mines where safe to invest in and once the market realised that well just look at the price now.
Another obvious and dead give away is the fact that the top 20 hold more than %70 of this stock and should you expand that to top 40 the number could be closer to %80+
This stock will move north when and all the right pockets have been filled and watch out when that happens as it will see some crazy daily moves and your valuation of .20 to .50 will look like lose change and when the first gold bar flows from the plant all would wish they had bought at .20 and .50
without doubt I will put ORP in the same class as OXR when they first started some years ago, less the risk involved as OXR was the first to explore the area, so given the track record of the de-risking done by OXR, then ORP has lot less to be concerned about becoming a producer, they have the gold and that can only increase and they have cash at hand, not a lot but can be added to.
It’s only a matter of time before the major holders would like to se some returns on there investment. What is evident is the thirst for this stock at these prices and that will only turn into hunger for returns.
I am buying and buying and only hope that my personal position can hold along this journey.
DYOR
ORP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held