Thats the words from the new director, as many dont take the...

Thats the words from the new director, as many dont take the time to read Ive pointed out some bullish comments from his letter, imo the missing link in Oropa has been filled, we now have a substantial holder of oropa on the board who previously worked for BT Funds Management focused on gold, gold equities and strategies. He now runs his own investment and trading business.

All set up nicely, new director on board financial/institution contacts, Sinom hong kong on the register, gold price strong around $900's, scopying study underway, market cap ridiculously undervalued, for those eyeing off oropa & have patience its time to look at taking a position, as when ORP starts its rerating with such a tight register you will be left chasing the stock to get set, very cheap entry atm worth doing the research & taking advantage:


Directors comments:

*I believe it is important to acknowledge that shareholders have not yet seen an acceptable return from their investments.

*Oropa currently has 75% ownership of Pungkut, which has the potential to provide shareholders with significant leverage to increasing gold prices should the project ultimately be developed.

*With the gold price today trading at US$925/oz, the market value of Oropa’s 75% share of inferred resource inventory is US$700m. Importantly, the inferred resource is only an early estimate of gold mineralisation at Pungkut and does not indicate anything about economically extractable mineralisation nor ultimate profitability. However, it does show that the project is large in comparison to Oropa’s present market capitalisation of A$10m.


*So far the equity market has not rewarded positive developments at Pungkut with sustained higher share prices and market value

*Be assured that the board and management are working hard to improve the value of the company. Should we continue to succeed, history shows the share price will follow.

*My own investments in Oropa reflects my views gold will see much higher prices in the future and that "Pungkut has world class potential"

*I look forward to working toward increasing the value of our company in the future.


DYOR