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Ortac Res. Share Chat (OTC)



Share Price: 0.0325Bid: 0.03Ask: 0.035Change: -0.0025 (-7.14%)Faller - Ortac Res.
Spread: 0.005Spread as %: 16.67%Open: 0.035High: 0.0375Low: 0.0325Yesterday’s Close: 0.035



Share Discussion for Ortac Res.


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harrythehill
Posts: 3,729
Off Topic
Opinion:No Opinion
Price:0.035
sad times
8 Mar '16
i took profit a few weeks ago.... thank goodness I did. very disappointing RNS
 
pablo2
Posts: 8,495
Off Topic
Opinion:No Opinion
Price:0.0425
Dilution
8 Mar '16
of the highest order - we are now the proud owner of 5.7 billion shares issuing another 1.4billion shares today at a very unpleasant 41% discount.

Money to be used - to keep the lights on and to expand our wonderful portfolio.

Sorry about the negative feelings.
Cockadoodledo
Posts: 203
Off Topic
Opinion:No Opinion
Price:0.0325
Mmm....
19 Feb '16
...maybe a little bit of light showing amongst the Ortac embers...
BarefootNinja
Posts: 5
Off Topic
Opinion:No Opinion
Price:0.0325
RE: No wonder
18 Feb '16
The joint venture with EEA only relates to the northern part of the Haykota License area. It does not include, for example, the Yacob Dewar gold resource in the South. It is good that someone (i.e. EEA) has been financing Andiamo's activities, as Ortac's focus seems to be elsewhere. Geologists love Eritrea. The hope of finding another Bisha-sized resource keeps people interested.
baz9707
Posts: 2,040
Off Topic
Opinion:No Opinion
Price:0.035
No wonder
18 Feb '16
They left late.
The way I read it 75% will go to the other company.
So the money OTC put into Andiamo will be about 5% of Eritrea.
And with further dilution shocking investment.
One they made to get out of kremnica.
pablo2
Posts: 8,495
Off Topic
Opinion:No Opinion
Price:0.0275
Andiamo in Eritrea
17 Feb '16
Reads quite good, maybe there's something in it for us.

Strange time of day to release an RNS when no-one's watching.
pablo2
Posts: 8,495
Off Topic
Opinion:No Opinion
Price:0.0325
mannnan
28 Jan '16
Looks to me like he might be getting another 10m or so today too.

Wish I had his confidence but I haven't averaged down here for about 2 years - you can therefore imagine what my ridiculous average is - enormous.
pablo2
Posts: 8,495
Off Topic
Opinion:No Opinion
Price:0.0325
mannnan
28 Jan '16
Possibly true but it's only another £2.5k - what's that when you've already bought(wasted) money on 282.5m previously.

Certainly averaging down. This guy is aged 64 so presumably thinks Ortac may come good in his lifetime - that probably won't be in Slovakia.




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