total pungkut resources top 1 million ounces, page-22

something to think about:

Since ORP got Pungkut in 2002 the gold price has almost tripled, oropa's Pungkut resource has more then tripled, oropa are now clearly close to becoming a future gold producer but the share price still values ORP as a early exporation company rather than a advanced gold explorer & future gold producer.

New floats usually list with a cap of a around $20mil based on there potential in there tenemants early exporation & hope to find somthing down the track, ORP which has spent $7mil & significantly adavanced there resource are being valued at $14mil???

Two reasons why we are not moving north as quick as we should, someone still soaking up stock & are not willing to push ORP just yet, or the market is completly ignoring facts & undervaluing oropa significantly, a sp of .20-.30 is where oropa should be now, the 2mil vol through today shows holders of oropa are not willing to part with there stock at ridiculous levels so easily now.

I see no reason not to rate ORP as a Very Strong Spec Buy:









DYOR