Home > Boards > Canadian > Mining/Resources > Orsu Metals (ORSUF)

Nice to see people acknowledging that ORSU metals

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
downthehatch Member Profile
 
Followed By 78
Posts 7,166
Boards Moderated 3
Alias Born 08/06/09
160x600 placeholder
downthehatch   Sunday, 03/28/21 03:24:37 PM
Re: None
Post # of 172 
Nice to see people acknowledging that ORSU metals has substantial gold reserves and that the company's pilot mining program has produced significant revenues for the company.

5,000 ounces of gold was produced from the pilot mining, which is worth over $8 million at the current price of gold. $2.3 million is the NET revenue to Orsu Metals.

Apologies for my previous post that misstated the amount of revenues.

With only approximately 42 million shares outstanding, $2.3 million is a significant amount of revenue for shareholders. That's over .05/share, for a stock trading at less than $.25 USD.

And that is just for the pilot mining program, which lasted just short of three months. With further mining and optimized processing, ORSU has a very bright future.


Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences