RE:A question about ORVJack4000,
The negatives are:
No marketing,
No project pipeline,
Outdated website,
Perception of short mine life,
Partial hedging of gold and copper production,
Exceptional ability to maintain positive cash flow, yet have enough expenses to report losses every quarter,
Bolivian royalty tax, and
Overall perception of being a high cost miner.
Positives are:
Conservative management,
Near zero share dilution,
Chosen by Samsung to be one of their gold and copper suppliers,
Ability to produce both gold dore and copper concentrate at both MRPs,
Silver by product (3-4 percent of revenue),
Good financial reporting,
High grade gold ore bodies in Spain,
Well designed and efficient metal recovery plants recovering over 90 percent of gold,
Good safety record,
Low political risk in Spain
Partial Hedging of gold and copper production,
Good technicals coming down on very light volume and tested the high of the 2016 low on lighter volume.
Improving weekly technicals relative to other gold juniors in last 3-4 weeks.
So far the negatives have dominated the positive factors. However, once the bottom in gold is in, this stock will become a leader in the new advance--if it isn't acquired by another company.