I see you point, but there not much to announce atm, we all know scopying study is underway & drilling results will be released when they are received, & quartely will update us next week, no use orp announcing nothing announcments that look like desperation, stick with delivering the facts & the market will eventually respond.
Imo ORP are waiting on the scopying study results to then go out & push ORP agressively to institutions that ORP is becoming a potential producer.
Take note of recent placements & how ORP is keeping the register extremely tight: June placement to SINOM HONG KONG then July placement to "OFFSHORE INVESTORS", obviously there selling the story to someone question is who & which country are these offshore investors.
For me id rather oropa be boring & sitting at these levels until they attract the right on market backer to rerate the company, then have some 1 day pump & dump brokers involed that would just ruin the story.
Scopying study results are the next MAJOR selling point for oropa, imo if they can achieve US$400-500oz producing cost & say $50mil set up costs to get into production, I would be surprised if we are still under .10 & not heading towards .20+
To date we have factored nothing into the sp, think about that.
ORP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
