Ducks are lining up beautifully so far for ORN. Very tightly...

Ducks are lining up beautifully so far for ORN.

Very tightly held and was lucky to buy a few last week.
The other primary target close to the eye announced recently could make this a 'supernova'.
All we need is a discovery hit..


From RRS:

http://resourcesrisingstars.com.au/infopage/4089

'Investors get hot and sweaty over the intrusions in Orion’s rocks.'

It’s early days. But it’s also been a long time since investors have got truly lucky, so the rapid reaction is perhaps understandable.
Of course, we are talking about Orion Gold’s latest announcement that there is smoke at its Fraser Range nickel-copper exploration project.
Well, that’s not exactly what Orion said, but it’s certainly the interpretation being placed on its somewhat-technical assessment of progress being made at Fraser Range.
This translation is no doubt being fuelled by Orion’s highly desirable address at the northern end of the same belt which hosts Sirius Resources’ Nova and Bollinger discoveries. But it’s not without some justification.

Orion revealed that drilling at its CE Prospect (by the way, “CE” stands for “Creasy Eye”) has “intersected prospective mafic intrusives in the region of the bedrock conductor defined by ground and airborne EM surveys”.

For the normal folk among us, this is considered extremely relevant because mafic rocks are those which hold the Nova and Bollinger deposits. The enthusiasm is stoked by the fact that they were found around a bedrock EM conductor, which is another key piece of evidence pointing to the something of value in the area. Yabadabbado.

So on the geologists’ check list, that’s two out of two. Investors’ eyes are now firmly on Orion’s bid to tick the third box, which involves a reverse circulation rig. Putting aside the technicalities, this essentially involves sticking a great hole through the guts of this highly promising target sometime next week, rain permitting.

Recognising that the long odds of exploration have just got a bit shorter at CE, bringing the prospect of another Sirius just a bit closer, investors have started wading into the stock, pushing it up from 7c to 9.5c.

Watch this hole!