Hi All,
I have posted some of this information previously but feel that for those interested in ORP I would repost it again.
JMO but ORP is being overlooked when you look at their assets and the strong fundamentals of their projects.
On the Pungkut gold projects alone the SP could be re-rated to 20c to 30c plus at the current POG.
It is well within the area of probability if the resource base is upgraded again to say 800,000oz to 900,000oz plus.
With their proven resource base growing as it is you would have to think that the Big Boys would start to look at ORP as a takeover target or as a farmin. Time will tell...
Richard H. Sillitoe has rated ORP's Pungkut gold projects to have massive potential which they are proving to be.- Richard H. Sillitoe is well recognized internationally in evaluating potential gold and copper projects worldwide.
- Please see the weblink below on his references and credentials. They speak for themself.
- To quote Philip Christie:
Philip Christie says: "We had an expert in epithermal and porphyry gold systems visit Pungkut last July to evaluate the potential of the project, including Hutabargot Julu and other untested prospects.
He is keen on Pungkut and a number of the prospects. He has visited and evaluated several hundred of these type projects around the globe and knows his rocks, so his opinion gives us good reasons to be optimistic."- Richard H. Sillitoe is the expert in epithermal and porphyry gold systems that visited Pungkut to evaluate the potential of the project.
- Richard H. Sillitoe indeed knows his rocks.
- Please visit the weblink below to see information on Richard H. Sillitoe.
http://scholar.google.com/scholar?q=%22author%3AR.%20H.+author%3ASillitoe%22
I am looking forward to the "Resource Update Announcement".
Cheers,
Brantley
EODYOR&DD
From the
ASX ANNOUNCEMENT
19 November 2007
Powerpoint Presentation
http://72.14.253.104/search?q=cache:xgwd8Kmio0YJ:www.oropa.com.au/PDF%2520ASX%2520Announcements/2007/191107%2520-%2520ASX%2520Announcement%2520Powerpoint%2520Presentation%252019%2520November%25202007.pdf+ASX+Richard+H.+Sillitoe&hl=en&ct=clnk&cd=1&gl=au&client=firefox-a
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