Register
Login:
Share:
Email Facebook Twitter




OTC Share Chat - RSS Feed

Ortac Res. Share Chat (OTC)



Share Price: 0.08Bid: 0.07Ask: 0.09Change: 0.00 (0.00%)No Movement on Ortac Res.
Spread: 0.02Spread as %: 28.57%Open: 0.075High: 0.085Low: 0.075Yesterday’s Close: 0.08



Share Discussion for Ortac Res. (OTC)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Miller1972
Posts: 5,692
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.09
View Thread (2)
RE: Miller
2 Jul '15
Not knocking it, and from what a few are saying this is a multi-bagger all the way. However, won't happen quickly and of course good to you getting in now at the placing price. This reminds me a bit of NCT and I'll treat it the same way. Took sometime for the SP to move from 0.09-0.1p. I would expect a few 10-20% spikes in time before it rises proper.
Loads of buying yesterday but the ASK didn't budge, although the buy price did increase, only to drop back today.
A good share for the patient and maybe for those willing to stick around for a few short weeks to realise some decent value. Of course, the bigger gains are much further down the road. Nothing wrong with getting in early!
 
smudgedan
Posts: 3,474
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.09
View Thread (2)
Miller
2 Jul '15
Yes, thought this would rise today however the ask seemed to drop through the day maybe to clear the £4k sell, maybe for something else.

Still the Zambia asset is what's it's all about and getting in at a nice low mc level too.
watsonflash
Posts: 337
Off Topic
Opinion:Strong Buy
Price:0.09
Why IM IN ?
2 Jul '15
Ortac Resources* (OTC LN) 0.09p, Mkt Cap £2.5m – Funding and directors subscription

 Ortac Resources have raised £600,000 through the placing of 706m new shares to investors at a price of 0.085 pence per share.

 Three directors also subscribed for some £50,000 worth of news shares

 The funding should enable the company to exercise a call option to acquire a total of 19.35% of Zamsort in Zambia.

 Zamsort holds license over a small, alluvial style, copper mining operation where drilling and mining to date suggests potential for a significantly larger mining operation.

 Zamsort also hold substantial exploration tenements in a region which appears to be of interest to other copper mining companies.

 It is worth noting that Kirawa, which held similar tenements within the region was sold to First Quantum Minerals for $260m in late 2009.

 First Quantum have since started development of the Trident project, consisting of Sentinel which is targeting 270-300,000tpa of copper and Enterprise which is planned to produce 38,000tpa of nickel in concentrate rising to 60,000tpa

GLA
Miller1972
Posts: 5,692
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.09
smudgedan
2 Jul '15
Looks like you were wrong about that! Anyway, not important, as this could be a great one to be in, given time. Will need lots of patience to maximise gains. Have an overhang to clear and will take sometime.
Need to research it a bit, but having a few decent posters in here take decent positions is certainly encouraging.
smudgedan
Posts: 3,474
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.09
AT
2 Jul '15
Yes, pretty clear that this will be going up today
smudgedan
Posts: 3,474
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.09
AT
1 Jul '15
Thanks, got it. Looks promising.
jange
Posts: 25,803
Off Topic
Opinion:Buy
Price:0.09
otc
1 Jul '15
I Used to be a shareholder here in the past...............Had OTC mentioned to me today mainly about the tanz asset so i will be getting a holding v soon gl all................
smudgedan
Posts: 3,474
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.09
AT
1 Jul '15
Yes seemingly so. Do you have a link for the shares mag article
maximillions
Posts: 105
Off Topic
Opinion:No Opinion
Price:0.09
DES
1 Jul '15
Looks like a lot of interest about to pile in here maybe you are right des these shares were 3p couple of years ago could do the same certainly highly rated assets it appears.
smudgedan
Posts: 3,474
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.09
OTC
1 Jul '15
SP Angel's comments from this morning including OTC

http://www.shareprophets.com/file_download/501/SPA010715.pdf





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.