RE:RE:RE:Buyout It's an interesting time for any one to make a prediction. With the U.S. election coming I expect the Republicans are going to have a hard time pushing the markets higher the next while. Yes, this will likely affect Canadian markets and the POG. The macro environment for increasing share prices this fall isn't good from what I'm seeing.
Victoria released they sold about 14k ounces in June. 14k times 10 months would give 140k per year. Short of guidance. It's about time for financials which will give a better idea.
As for news on early repayment of debt repaying 10 million early after 23 million was raised from a stock sale only 5 months ago isn't that impressive.
Time will tell about share price but I won't be surprised if it turns out you are being optimistic here. Orion probably isn't crazy here.
OCB1234 wrote: When the Orion bought deal officially closes next Wednesday, I expect news to once again start coming out. Most likely delayed Raven drill results and possibly another early repayment of debt.
Prediction: the sp will be back above C$17 by the end of October.