New Orperu Resources Inc V.ORO

one day to go

[mewbuddy]

Will barrick build the mine?

Will Barrick let it go?

Will PAAS acquired it with Lagunas Norte?

If ABX build the mine, another few years of waiting ahead but 2% royalty+ 30% free carry, at this gold price, the net income could be 50m USD+ on ORO part, assume 200k oz production, 800usd net profit per oz.

If Barrick let it go, ORO owns 100% 3.2m oz M+I close to a major mine, good infrastucture. at current price, we are at about 23 CAD/ OZ. cheap but need strong management team to deliver the value.

If PAAS acquired it with Lagunas Norte, it does make the most sense, After acquring Tahoe, PAAS has a lot of gold operation in Peru and it's alos a major shareholder of ORO. a 36% premium at 4 dollars will convince most of investors plus PAAS will have a major mine with 400k + annual production minimum 10 year mining life. if issuing shares, only about 1% dilution to PAAS. 

anyway, ORO shareholders should do fine no matter what news comes out. Finger crossed.

GLTA.