Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
One million oz. of gold ‘and maybe quite a bit more’ is what unloved AIM minnow Orogen Gold (ORE) has as its ultimate goal, at Mutsk in southern Armenia. The company is now preparing to start a new drilling campaign that it expects to cost up to £500,000 in its first phase. So says Ed Slowey, the Irish geologist who runs the company and knows the area well, though he admits ‘we are nowhere near seeing that yet.’
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Comments
wildrides
Lets hope they find something ………..I am so deep underwater here its like being in the blue hole and low on air , with no spare air tank and throwing off lead belts like there is no tomorrow .
Philip
I sold out of here a while back at a loss. Money better spent elsewhere for me in this particular case. Hope it goes well for those invested.