InvestorsHub Logo
Followers 80
Posts 8011
Boards Moderated 1
Alias Born 08/06/2009

Re: None

Tuesday, 10/06/2020 4:14:02 PM

Tuesday, October 06, 2020 4:14:02 PM

Post# of 271
Bought more today on the downtick.
Not sure why this is trading at this level, as they are about to begin gold production, but I am all in here.

This should be trading at .50, and it will be soon.

I expect an announcement on the terms of their mining/processing agreement with the adjacent mine soon. When that happens there will be some clarity on expected revenue and net profits going forward.

Whatever the number is, it supports a higher price. This is still trading as if it is a junior miner, years away from production. Orsu Metals is going into a pilot mining program, with a pretty substantial upper limit on how much gold they can mine and process.

They will be profitable by end of year 2020.