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Re: ORD - Ord River Resources

moses said:
Well yes...otoh, I doubled my money on CDU so... :p:
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Well done mate. Good luck with this one. I rarely get on things like this as I was burnt a few times early on. I just don't know how to play these. Would rather try and pick turning points, or breakthroughs. Not spaceships.
 
Re: ORD - Ord River Resources

kennas said:
Well done mate. Good luck with this one. I rarely get on things like this as I was burnt a few times early on. I just don't know how to play these. Would rather try and pick turning points, or breakthroughs. Not spaceships.
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I'm an expert at mistaking the nose cone for the tail fin... :(
 
Re: ORD - Ord River Resources

Well this stock has certainly bombed for the moment! Where are all the rampers when we need them? :eek:
 
Re: ORD - Ord River Resources

Maybe the feeling is that they can't get into production while the copper price is still high. Had this announcement been a few months back...
 
Re: ORD - Ord River Resources

Probably raising money - the were down to $837k at the end of the last quarter.
 
Re: ORD - Ord River Resources

ORD has been quiet the past few month, however the chart is starting to look interesting with the MACD and RSI both crossing above the index line. Volumes are a little low but probably one to watch over the next week. I know they have just extended the share purchase plan to 2 march 07, probably from a lack of interest during the low SP through Jan. My guess is there will be moves to try and get the SP up over 60c to make the share purchase plan more attractive.
 

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Re: ORD - Ord River Resources

A Cup and Handle!

I am not a chartist. Just borrow a phase to amuse myself.
 
Re: ORD - Ord River Resources

Not so sure about the cup and handle, but a good example of the accuracy of MACD and RSI. The same chart three days later......
 

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Re: ORD - Ord River Resources

Don't know about the chart. I am not a trader. Only interested in this one because of its bauxite project in Laos. It is huge resources.

The copper might a joke. Let's wait and see. But the bauxite is real. Besides, I like that area, very under-explored, and very close to China.
 
Re: ORD - Ord River Resources

Review the presentation, I feel good about this company now.

Finally, ORD figured it out that the copper discovery might be a joke, and rediscovery the real company maker, the Bauxite Project in Laos.

It will be huge, not only in resource size, but also the market. the Chinese market.

Chinese has a lot of Bauxite. But theirs is very low in gibbsite (tri-hydrate AL(OH)3, and high boemite (mono-hydrate AIO(OH)).

The difference between gibbsite and beomite is another huge. The former one cost a lot less for mining process and refinery. The ORD's Laos project is very high in gibbsite.
 
Re: ORD - Ord River Resources

I tend to agree and am a little more confident about taking the additional shares on offer by 2 March. I knocked the original offer back...... I guess the PR plan is working.
 
Re: ORD - Ord River Resources

Anyone still following ORD? No posts for well over a year now. I've only really come across this one in recent weeks and placed it on my watch list. The bauxite potential in Laos appears to be huge and JV with Chinese Alumina processing company.
I don't quite understand why there is no interest in this stock. Very little action on the buy side with sellers pushing the SP down further. With a market cap of less than $25 million i wouldn't have considered it over priced (but someone with good fundamental values of ORD may prove me wrong!). Anybody care to comment on this one? It has very good potential in my opinion :D
 
Re: ORD - Ord River Resources

I own ORD stock and will hold on to them,great opportunities in Laos ,SP seems to have hidden under its own shadow for now.ORD estimates an annual production of up to 20mtpa of bauxite in the Bolaven Plateau is possible,which may be refined to 5-7mtpa of Alumina.

Then of course is the utterly enormous copper find in the east Kimberley area:rolleyes:

Still the Bauxite project alone should see the SP rise shortly and take my portfolio up with it.

i just checked my portfolio wagon wheel ORD is taking up a 15% piece stake:eek:
 
Re: ORD - Ord River Resources

Anyone know why the ORD shareprice has risen over 35% in the last few days?? Are we about to see some more drilling results and/or resource upgrade for Bauxite in Laos?
Almost got on board at 13.5c and after missing that opportunity all of a sudden it is at 19c!!! I like the bauxite potential in Laos. As mentioned this could be a world class deposit in the future :D
Comments anyone?????
 
Re: ORD - Ord River Resources

You're not alone in that sentiment. Is it a reversal that will run out of steam or have we seen bottom? I have been watching... waiting... and similarly cursing after the last couple of days. Note to self - don't try to time the market...:banghead:

But as to why, well there is nothing new in the public domain. No announcements, no news stories. Any recent broker report? The most recent announcements have been encouraging - the Lao bauxite project is moving at pace - the resource looks promising, and the Chinese partner adds to the likelihood that it will come off. And we still have Copper Flats sitting in the background with potential to be, well, anything from nothing to the icing on the cake...

I like this one...
 
Re: ORD - Ord River Resources

And there we have it - fourfold increase in bauxite resource at their Lao project. Announcement hard on the heels of a 50% jump in sp... not that we should be surprised as it was reasonably well signalled in prior announcements. Timing, timing, timing...
 
Re: ORD - Ord River Resources

Anybody knows what happened with ORD, it's suddenly down over 20% today, no news, and not much buyers.
 
Re: ORD - Ord River Resources

fmz said:
Anybody knows what happened with ORD, it's suddenly down over 20% today, no news, and not much buyers.
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No buyers - waiting to see how the cap raise pans out...
Down 20%- probably a few who missed the announcemnent finally got around to reading the prospectus mail out. The risk statements pull few punches on prospects if the cap raise falls short...

Bottom line - Bolaven plateau bauxite is a great project with so much potential, good partners, etc, but it counts for nothing if they can't raise the necessary funds to stay in the game...
 
Re: ORD - Ord River Resources

all quiet on the ORD front right now,the company is offering up to 120 000 000
new shares @ .125 cents per share to raise $15million for explorations and development of the company,but the SP has been hovering around the 7-8 cent
mark so whos going to be taking up the offer?

ORD owns a 49% of joint venture company SARCO which has invested in two
exploration areas (A 436KM2 tenement and a 66km² block within a 138km² tenement)in Laos.

The project has one of the highest quality gibbsite dominated bauxites in the world with high alumina to silica ratio,and a total initial identified JORC compliant indicated resource of 93.7 million tonnes of bauxite.
further,the company believes the Bolaven Plateau has the potential to contain in excess of 2 billion tonnes of bauxite.

this may all sound promising but unless they raise needed funds will this small
cap explorer fall by the wayside?

this issue of shares will be partially underwritten to $3million by Commsec.
 
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