I remember when this pumped a few years ago a unbelievable story for those aware.
I bought ord @ 2.9c a few mill of them about 3, I was quite young. They announced 3 price sensitive announcements consecutively and the stock hit about 13c from a hard run from 5.
At 12c Frank started to offload. The news was an EPC contract for the bauxite project.
How bizarre 3x very positive announcements and the Director sold.
That day I made about 84k on paper - barely out of school. The price rapidly declined and I sold at about 6c after a 50% retrace.
@ that time the crown was copper flats and a proposed jv with X , it never came and the option was divested.
Now we sit @ 0.1c. I am not a holder but ORD was once a stock in all the right places
They had a 10% option to buy into Caledon when this mis fired for 45m I got cold feet,
now an export site from WICET as part of the stage 1 project.
Been a learning curve
VAN Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held
