Current flee to gold most likely by the financial woes in Portugal at the moment. Nonetheless, we are overdue for a rise in gold and it would be nice to see it around the $1500 level for a while. I am not a gold specialist, so not sure where it should sit, but from ORS perspective, I am happy to see it higher.
ORS is a screaming buy at current prices and will almost certainly get back to the 10 cent region on any gold demand or update on resources. This was almost 20 cents at one stage and while we still have a while to get back to that, a company with good management, no debt and a mill they own, is certainly a better investment than an exploration company with only a few holes in the ground and a big dream.
ORS Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
