One positive notehttps://www.midasletter.com/index.php/midas-letters-top-10-silver-takeout-targets-11021501/
Orko made it at number 7 of possible take over targets
7. Orko Silver Corp.(TSX.V:OK)
Orko Silver is already in a joint venture with silver mining majorPan American Silver Corp. (TSX:PAA) on their ‘La Peciosa’ Project inDurango, Mexico, which makes Pan American the likely buyer for Orko. Asof the end of August, Pan American has completed over 76,000 metres ofdiamond drilling on La Preciosa in 2009-2010. Combined with Orko’s2005-2008 drilling of 154,000 metres, the project has now passed the230,000 metre mark. La Preciosa is billed by the companies as ‘one ofthe world’s largest primary silver proejcts’.
Typically high-grade values have been intercepted there recently,such as hole BP10-539, which yielded a true thickness of 7.71 metres inthe Gloria vein grading Au 0.646 g/t and Ag 648.0 g/t for asilver-equivalent of 686.8 g/t. This included 3.59 metres grading Au0.894 g/t and Ag 986.7 g/t for a silver-equivalent of 1,040.3 g/t.
Still disgusted with the trading going on though! Most long term investors will probably know me and also will know I've been following them for a couple of years. I've never been negative about Orko but I now feel I must vent some disgust about the trading going on since late.
I am however still a patient investor but that doesn't mean I have to remain oblivious from any clear and tell-tale signs of a change in the way this stock trades. I call a spade a spade and when I see a noticeable difference in the way a stock trades then I'm gonna state it.
I don't know what the heck is going on but one thing is for sure...I don't pretty much like it. I've always known Orko as a trending stock and now that has changed. I don't like any shenanigans going on and I also don't like a stock that is under-performing while silver is going ballistic.
Just my opinion...sorry if I sound a bit pessimistic but I've been a longtime supporter of Orko but sometimes you just have to voice your opinion when you think something is off.
Me hoping this funny trading will end very soon!!!!
I suppose I'm not alone.
YeOld.