ORP 5.71% 3.7¢ orpheus uranium limited

Not at all Rogues but it is done over a course of time taking...

  1. 1,412 Posts.
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    Not at all Rogues but it is done over a course of time taking into account the average share price.

    I will continue to be sceptical when I see a history of small buys shoring up the average share price towards the end of a day when a placement seems logiclly due in the near term.

    At the moment the share price is where it should be in this market and there are no keen buyers but I fully expect to see it gain some small support back to the .05 cent mark before any placement is made. make of that what you will. :-)

    Of course if the scoping study is completed, announced and as good as we both are expecting then there will be no need for any perceived games. The share price will lift accordingly and if a placement is still required because a deal with Antam couldn't be brokered then the placement price will reflect the new average minus a discount to increase the attractiveness.

    Its all good. I fully expect that at some stage in the future I will recoup my very long term losses on ORP.

    In the meantime I will continue to offer scepticism and the other side of the good story argument. :-)

    If they announce something spectacular regarding increased resources to bring their total resources of gold into the multiple million ounces well then anything is possible. :-)

    Now wouldn't THAT be nice! :-)

    Cheers
    GazzaT

 
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