PINL:VLTAF - Post by User
Comment by
Bpultraon Mar 30, 2012 11:59am
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Post# 19738865
RE: RE: Go compare
RE: RE: Go compare I noticed Orezone's Bombore and Volta's Kiaka are very close to each other. I am sure there would be significant development synergies and attractive economies of scale by building it together as one super project if both got married together. The timeline to production for both are similar late 2014 to early 2015. I think there is very good value around $2 and I am also an Orezone shareholder. However, they suffer the same stigma as Volta ... large bulk tonnage low grade deposit residing in Africa. But that did not stop them from increasing their share price from 70 cents to a high of $5ish at one point.
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Well I am hoping VTR keeps finding those better grades.. maybe why the drills have moved south.. if they do and from what I see and correct me if I am wrong but they will have much higher grades than ORE .. I am betting more upside here with VTR than ORE from todays current SP's .. IMO anyway