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Share Views: HUM CEO updates on Yanfolila and Dugbe Gold Projects. Watch here

Share Views Ep. 19
HUM CEO updates on Yanfolila and Dugbe Gold Projects.


Ortac Res. Share Chat (OTC)



Share Price: 0.0265Bid: 0.026Ask: 0.027Change: 0.00 (0.00%)No Movement on Ortac Res.
Spread: 0.001Spread as %: 3.85%Open: 0.0265High: 0.0265Low: 0.0265Yesterday’s Close: 0.0265


Share Discussion for Ortac Res.


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Pavs
Posts: 7
Observation
Opinion:Hold
Price:0.0265
RE: But seriously
Today 14:24
The average volume is 145 million out of 8.213 billion. That gives and average trading volume of 1.765% of that which is available. Shifting 1.765% of available stock it nothing to get excited about.

The increased volumes need to be seen in the context of available volume.
 
Futures74
Posts: 927
Off Topic
Opinion:No Opinion
Price:0.027
RE: But seriously
Fri 13:07
Buy volume is nicely up.

Obviously this is a long haul stock, but the overall portfolio is pretty sound. CASA can't be too far away now from getting it out the ground.
Dicko80
Posts: 321
Off Topic
Opinion:Strong Buy
Price:0.027
RE: But seriously
Fri 11:59
Why don't you move on with your life instead of posting here...

Surely you have better things to do than post on a BB you no longer hold shares in.

Life is to short , go and chill out

Happy weekend all

P.s just topped up this am
Feeks
Posts: 675
Off Topic
Opinion:No Opinion
Price:0.026
But seriously
Thu 20:01
Take your money and put it somewhere else, this stock is sickly, and will do you no favours.
(said from experience)
Spoonhead
Posts: 21
Off Topic
Opinion:No Opinion
Price:0.0255
Another sad day
Thu 09:28
Well put pavs.
With the 15 mins of fame we'll and truly gone,one can only feel sorry for all us investors.
All bullish comments can only be taken with a grain of salt.,!!!
Pavs
Posts: 7
Off Topic
Opinion:Hold
Price:0.029
View Thread (3)
RE: Proactive Investors Front Page ..
Wed 09:43
Yes, but it doesn't really say anything we don't already know. Over the many years I have been invested here, such articles have appeared intermittently in the press. Nothing will move here until they can demonstrate they can actually get the gold and copper out of the ground.

The company has a terrible history in bringing projects to fruition. Casa seem to have been trying get metal out of the ground in Africa as for as long as Ortac have been trying in Slovakia.

The portfolio certainly looks good at present; but it has done in the past as well. If the market thought that the company was able to get all of its ducks in a row, then the heavy investors would already be in. The fact that they are not tells us what the market thinks of the BOD and their ability to carry out due diligence and to bring investments to the point of viable profitable production.

Extended adverts under the guise of independent journalism will do nothing to lift up the price. The only thing that will start this ticking up in a sustainable way is starting sustainable production in Slovakia and in the various African investments.

It matters not who else has invested in CASA or Andiamo or how many articles appear on the internet.
Get the gold and copper out of the ground, that's it; nothing else matters.
Futures74
Posts: 927
Research
Opinion:Strong Buy
Price:0.029
Proactive Investors Front Page !
Tue 18:49
Has anyone else clocked this on Proactive's website !!! ............

http://www.proactiveinvestors.co.uk/companies/news/169552/ortac-looks-to-gain-from-recent-investments-169552.html

Ortac looks to gain from recent investments
20:54 25 Nov 2016
"Back in January nobody wanted to know anything about resources, let alone gold, and we saw an opportunity..."
Ortac looks to gain from recent investments
INVESTMENT OVERVIEW: OTC The Big Picture
Ortac has invested in some prospective mining projects in 2016

Ortac Resources Ltd (LON:OTC) is continuing to build on its investments and the focus is currently on gold and its stake in private firm CASA Mining.

Gold has obviously attracted interest recently and seen an upswing in prices.

Ortac chief executive Vassilios Carellas told Proactive the firm's decision to take a stake in the DRC-focused firm in February this year had been vindicated by peer Premier African Minerals Limited (LON:PREM) joining the party and investing last month.

Via a private placing Ortac maintained its stake at 19.5%, while Premier acquired an initial 4.5% interest.

"Back in January nobody wanted to know anything about resources, let alone gold, and we saw an opportunity..." said Carellas.

"This was a new discovery. It was something they (CASA) had worked on in the last five years. It was a project where over US$30mln had gone in in the last five years. Everyone knows going into a new environment, proving up the first million ounces is the most expensive.

"Casa has demonstrated that the believe they could double, potentially triple the resource and that potentially they could prove up quite a substantial gold resource in that part of the DRC."

Premier paid US$250,000 for its 4.5% interest, which valued CASA at US$5.57mln, while Ortac's interest in the private firm was valued at around US$ 1.1mln - a significant uplift on its investment so far.

CASA has three mining licenses covering 133 sq km known as the Misisi project in the highly prospective South Kivu province in the eastern Congo gold belt.

An initial near surface inferred resource of 1.2mln ounces at 1.7 g/t (grams per tonnes) gold has been reported at the most advanced Akyanga deposit, which is open along strike and down dip.

A scoping study at this site showed the viability of an 80,000 ounce of gold per year heap leach operation, with a total cash operating cost of US$628 per ounce.

CASA now plans a 5,000 metre exploration program to validate a 3mln ounce potential target at Akyanga and issue an updated scoping study by the end of 2017.

In Slovakia the firm also holds its flagship Kremnica mining licence area and the Lutila exploration licence, giving it rights to explore an area to the south of Kremnica.

In July , Ortac was boosted with a legal win to proceedings brought against the District Environmental Office (DEO) in Ziar nad Hronom, a town in Slovakia’s Banská Bystrica
Futures74
Posts: 927
Off Topic
Opinion:No Opinion
Price:0.029
RE: Mining Maven Nov 2016
28 Nov '16
That was a very interesting presentation and the close out slide does show the longer term potential for very high MCap valuation.

2017 should be an interesting upside to the current position for OTC..
p00rman
Posts: 218
Off Topic
Opinion:No Opinion
Price:0.0295
RE: Mining Maven Nov 2016
28 Nov '16
That'll be why they were in Slovakia for the AGM the.. site visits with a potential local partner.
Futures74
Posts: 927
Off Topic
Opinion:No Opinion
Price:0.0295
RE: Mining Maven Nov 2016
28 Nov '16
Thanks.. good to know !




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