ORN 6.25% 1.7¢ orion minerals ltd

Hi all, I bought into these at 0.037 a few months ago, it was...

  1. 109 Posts.
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    Hi all, I bought into these at 0.037 a few months ago, it was actually featured on the HotCopper newsletter. I'm no genius when it comes to numbers but it seems to me that the share price raise is as the result of the government rebate and increased sentiment rather than the quality of the sediment (excuse the pun). A genuine question here from a novice, I only put in $600 but the upside now seems greater than the downside; what does everyone think of the potential for this stock? The Directors of ORN are clearly backing it, given they are being paid in shares, not cash! Any info much appreciated although "cheapprice" I'd rather hear something with merit rather than baseless doom and gloom (please). Also, my business partner bought $2,000 worth today and it seemed to instantly shift the share price upwards; was that a coincidence or would a $2,000 buy really push the price up 5%?!
 
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