RE: ORR showing early signs of SOLG and GGP22 Jan 2021 10:41
Solg was around same level when drill results created a sudden and huge interest with price jumping to around 4p real quick.
Soon after NewCrest made an entry at a higher price with option to increase their holding. BHP then got into SOLG at even higher price what NewCrest paid. BHP today is no. 1 shareholder, NewCrest no.2 in SOLG.
ORR CEO being ex-Barrick Gold, I can see it only as a matter of time before Barrick makes a move soon after drill results start coming in to buy an Equity interest in ORR. Speculation at this stage but would make perfect sense as they already near by.