PINL:OROCF - Post by User
Post by
upmarketson Mar 03, 2008 1:29pm
852 Views
Post# 14586741
value and "possible takeover offer" Cool
value and "possible takeover offer" Cool( drafted a few days ago)
right
It takes effort to determine this one's value
It has the
-nickel deposit NAV
-chrome ore mine going into production cash flow NPV
-smelters asset value , earnings value
-distribution and warehousing and sales organization
And company is at $1 bil market cap
I think last big pp last fall? was at 1.50 ish
so you would think it should go to 2.50 ish
over a 3 bagger ( for me ) and I expect it to break through 2.10
where I may then feather some out
looks like it can hold and consolidate at 1.85 then hopefully move up.
Of course it trades off the trend in London as ORI.L
( you can get quote at Yahoo )
Update: HALTed ( on tsx anyway )
Cool! - Mechel Steel of Russia
is "considering making an offer for Oriel "
( Reuters at Yahoo)
Good investing
U