Accumulate the scraps being offerd on market, gold heading for the magical $1000 level & oropa in first class position to be significantly rerated.
First we will see gold producers/blue chips factor in the rising gold price & soon enough advanced gold jnrs will start to follow.
And we couldnt have a better "advanced" gold stock at currect market cap & price then oropa, some probaly think RT is looney his talking this up for months the sp has done nothing lol I say true, but I also say the facts more then speak for themselves & a rerating will come only question is when?
*Scopying study underway if results are positive will be a major selling point to institutions, couldnt choose a better time with gold back in favour, results say late august (rough guess)
*Drilling underway results released as they are received
*OXR & ATM teaming up to develop projects in Indonesia, Oropa in excellent position to be targeted
*Sinom Hong Kong took placement in OROPA las month, why? in all good time we will find out
*New director appointed metallurgist with extensive experience in financial markets, he holds 16.5mil shares & has a bullish view that oropa is undervalued & a rerating will occur
*Oropa no doubt in take over territory with Antam holding 25% of Pungkut & OXR 65km down the road from ORP, further oropa develops the higher the chance of being take over
*BFS to commence early 2009
*Gold price $965
Shares on issue: 184mil say 200mil with likely placmeent coming.
Market Cap: $10mil
Project & Resource: Pungkut Indonesia 75% owned, 1.01mil oz inferred with potential for significant upgrades.
Target: .20 - .50
Thasts just a slight run down on oropas gold project & potential, does not include oropa's malawi tenemants & oropa's want for a advance coal project in Indonesia.
Make up your own mind
Does oropas chart look like its factored in the gold price or significant achievements the company is making to become a potential producer?
5year Oropa Chart
5year Gold Chart
DYOR...
ORP: 1.01 mil oz Market Cap $10mil
VS
PRE: 151,000 oz Market Cap $16.5mil
EXM: 500,000 oz Market Cap $30mil
NAV: 950,000 oz Market Cap $42mil
SAU: No Resource Yet Market Cap $15mil
RAU: 720,000 oz Market Cap $53mil
BAR: 180,000 oz Market Cap $39mil
GRY: 410,000 oz Market Cap $34mil
DMG: 1.1 mil oz Market Cap $50mil
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