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value1008

03/05/13 3:20 PM

#29944 RE: JustForFun7 #29943

ORT.to / EORBF -- looks like it's retesting the support from May 2012 at around 1.55-1.60. Completely oversold at RSI in low 20s.

It's part of the overall jr mining selloff like PVG (Pretium) down now at $7.17, AUN at 0.71, etc. Makes no sense. I expect big rebounds for these and other names when the "big money" decides to move them back up.

I hear that ORT is presenting at PDAC today.

A good post (shown in part here) from Whaspe over at SI (Silicon Investor) site:

As I understand it the number of PO's for samples [of HPA] exceeds their current production capacity should all of these lead to long term sales contracts. Given that they have been producing 4N+ material since the end of December I'm confident we will see capacity sold. The other items to watch in Q2 are the selection of the SGA site... That will iron out the timeline for SGA1 and will allow conclusion of these MOU's to come between that decision and the delivery of the BFS. Veolia also makes its plant site selection [first of many plants for red mud remediation] in Q2 and that provides the chance to look at economics. The third item that would propel the SP is the announcement of third-party contracts for REE/REM separation. Does that take us to $4.50 [strike price of some 9M warrants in July 2013] and higher? I agree with you that it should.

Traderfan

03/06/13 9:47 AM

#29952 RE: JustForFun7 #29943

ORT.TO, 1.45, is it too early to assume that something is definitely not working as planned on their process?