Value Microcaps Junior Miners

[dr_airtime]

ORV.TO - confirming valuation.

After I did that calc I looked through Mar 31 FS and confirmed the 136.1M shares google finance was using is correct to derive the $CAD 41M MC @ $.30. Did a bit of a a "buy first, ask questions later" action when I came up with the $USD 11M EV.

There 2.27M options and 1.5M warrants in addition but they are such higher prices they probably won't be exercised and would only represent 3% additional dilution anyways.

Should be easy double from here if Gold can hit $1300 in late summer/early fall this year. Any downside from here should be bought!