GREY:NMKEF - Post by User
Post by
ValueHunter92on Jun 27, 2016 12:03pm
160 Views
Post# 25001399
Huge opportunity
Huge opportunity Orex explorations is a huge opportunity
Their present test suggest 50 millions value at 1200/oz for gold.
They have a market cap of 7 millions and gold is at 1325/oz.
The estimated cost of extracting is 700/ oz, making it one of the lowest cost in the world.
Therefore, their proven reserve settle at a 140 millions , so likely to be able to provide 60 millions in net profit, no wonder this is going nowhere but north
Going jump in at 4 cent, huge opportunity in my view
Regards