InvestorsHub Logo
Followers 80
Posts 8012
Boards Moderated 1
Alias Born 08/06/2009

Re: None

Sunday, 10/25/2020 3:39:53 PM

Sunday, October 25, 2020 3:39:53 PM

Post# of 271
It's a bit surprising no one has chimed in on this board, even to attack my recommendation.

I know that junior gold mining stocks are a bit out of favor these days, and one that operates entirely in Russia may be even more suspect, but I've been following this one a long time, and I think they finally have hit on the right mine at the right time.

I highly recommend the recent Couloir Capital report on Orsu Metals, that I just re-read in depth this morning.
I am even more convinced that ORSUF is a great investment right now, especially if you'd like to balance any big technology gains, or just diversify against a potential market drop in the event of a Biden win, and potential blue sweep of the U.S. House and Senate.

The Couloir report uses numbers that value ORSUF at about .71/share at a gold price of $1,550/oz, which is well below recent highs around $2,000/oz.

In addition, the report does not consider the very real possibility of an effort by one of the adjacent mining operators, both much larger than Orsu, to acquire this very valuable property from Orsu, or buy the whole company. Either would mean a real windfall to ORSUF shareholders. My thinking is that a year from now, no matter what happens, this stock is an easy double, and probably a good deal more.
Very little downside risk, IMO. Good luck everyone.