RE:selling. .
shelby2..don’t forget that there are ORX shareholders that have been in this stock @ much lower prices - BTW although I am pleasantly happy with an “in the money” average, I am NOT one of those low, low price ones. I totally blame Pearlsinmining for that since PIM did not alert me to this gem of a company until it was in the high single digit range!! The “nerve” of PIM. For anyone misunderstanding my sarcasim please know that I am stating above all in “tongue in cheeck” for I f it wasn’t for PIM’s sharing his writeup, I probably wouldn’t have found this gem!
Back to issue. PEA & updated Ni are just around the corner - week or two. CEO has indicated that a higher Au cutoff grade will be used so that richer grades could be sent for milling to Mill. I would think that scenario would lower the total resource estimate - so don’t be surprised if one see a lower qty.
Now in PIM’s analysis from last August -
https://ceo.ca/@pearlsinmining/a-great-little-upcoming-gold-producer-in-kirkland-lake - he laid out a most appealing outlook for ORX. And keep in mind, that the writeup was done well before ORX acquired Knight project (Shining Tree). So if PIM was to update his analysis to include Knight, just think what the value of ORXmight be????
Final analysis - would strongly urge anyone to add to their position at these levels for surely better things are yet to come. Pls do yr own DD.