RE:Excellent time to Average Down Christo,
ORX never had the underlying royalties on the Derlak Project, which was sold to Pure Gold Mining.
( btw the royalties on both Mirado and Derlak are owned by Jubilee Gold )
It has been quite a while that ORX sold all their PGM resulting from the sale of Derlak to PGM. ( Check Sedar for that matter )
As a former ( large ) shareholder of ORX, I can only say that given the projects in portfolio now , I consider ORX a better buy at these prices , then when I bought in the 2016/2017 timeframe , even though shares grew from around 60 M then to 110 M now.
Expect me to return as ORX shareholder very soon.
Regards
Dries