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Orsu Metals Corp V.OSU.H

Metals & Mining Gold
Orsu Metals Corporation is a Canada-based company. The Company is engaged in discussions and evaluating a number of potential acquisitions with concurrent equity financing with the aim of moving the Company forward.


TSXV:OSU.H - Post by User

Orsu Metals Corp
Bullboard Posts
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Comment by Tradesmanon May 29, 2009 2:39pm
345 Views
Post# 16028110

RE: RE: RE: RE: RE: The case of Orsu

RE: RE: RE: RE: RE: The case of OrsuIf things are really so bad, then the creditors would surely have pulled the plug a long time ago. I still think there is more to this story than meets the eye.

Regarding production, it was said that extra equipment had been ordered to compensate poorer grades and increase the throughput to satisfactory levels. The real problem is and always has been, the scarcity of information being released by the company. Even with the new management and the more accurate information, this aspect has not significantly changed, which doesn't really inspire much confidence.

How this story will end is anyone's guess, unless something spectacular happens. With the USD nosediving right now, maybe Orsu can make some money on currency speculation.







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