RE:RE:Patience will pay off / Chart "Anyone got a view as to why a major hasn't scooped up the Company yet?"
i have a few answers.. anyone that can afford us will need to be a multi billion dollar company
this isnt a small deposit and in the current copper market with supply laging demand it wont go cheap.
we just got the ruling XX weeks ago..anyone with the amount of capital required to purchase santo tomas will have protocols in place for purchase of major assets.. i can assure you no one will be surprised this is coming back to the capital markets..anyone that can afford us is aware of santo tomas.. i have heard rumour at least 4 parties have expressed intrest :)
as others have expressed here there are several housekeeping items that need to be completed with zero risk attached..it seems the market is still pessimistic these things will happen.. anyone reading here knows better and can still profit handsomely from the market being wrong again with respect to Oroco's ability to get sheet done
as i understand it the share price should get a bump up from each of these items as the market percieves risk to be reduced..
in no particular order
we will get an updated 43 101 report = price increase
transfer of the property by the registry to XG = price increase
EGM vote on the acquisition by Oroco of XG = price increase
copper price explodes after the trade war ends = price increase
the company releases new 3D IP survey results and we see how massive this thing can get = gap up price increase
start infill drilling to increase both tonnage and grade = price increase
start exploration drilling outside of the known deposit boundaries hit more copper = another gap up in price
the risk reward is so assymetrical here it is absurd..
sitting on a 5 bagger plus and still buying..