Ortac Res. Share Discussion Threads

[heron80] 14/10/2016 16:06

late news just in from Slovakia

looks like OTC might be mining in the v near future in Slovakia.
The mining consultation company Envigea states the environmental impact is ACCEPTABLE!!!




In conclusion consulting company Envigea notes that, " in fulfillment of measures for prevention, elimination, minimization and compensation of environmental impact considers the implementation of the construction to be acceptable from the point of view of the effects
on the environment and investments for the benefit celospoločenský realizable ". Intent is currently in pripomienkovom proceeding, the comment on him may be public, government and civic associations.

[heron80] 13/10/2016 12:15

Website has had a re-vamp.
Prelude to a float or some corporate goings on?

We own 20% of this very tasty 3million ounce gold group.

Nearest comparison Hummingbird region wise.

[melodrama] 13/10/2016 11:46

Buys showing as sells

[heron80] 12/10/2016 13:04

ummm don't think so mate
that is historical!

They raised £340k end of september
used £100k to get more CASA and Andiamo 20% and 27% respectively.

£240k left.

Betting is Either Casa, Andiamo or Zamsort will be floated or bought out
leaving OTC very heavily in Profit.

The directors especially Mr Balme added and increased his stake in OTC.

Slovakia is in for free.
Keep the faith.
One day you will be very happy at buying more shares for peanuts.
20m now. my hld.

[sleveen] 30/9/2016 17:57

Bad timing heron80 :-(

As at 31 August 2016, the Group held £140,000 in cash. As a result, the Company will need to raise money either through the additional issue of shares or through the sale of assets.

Having just purchased further shares in projects, I think the first option is a certainty.

'nough said.

[heron80] 28/9/2016 15:15

bargain @ this price. picked up a couple mill now 15m. as and when these investments are sold or monetized market cap will be well into double figs.
Zamzort imo will be bought out by one of the big guns for well over £100m. Its prospectivity is vast. as is its 1000km land package.
20%++ stake we own.

[richgit] 27/9/2016 16:41

Paternoster has invested 33% of its "market Cap" in OTC.

That`s faith-though some will no doubt argue it is stupidity.


Today we witness the usual Monthly end "paper Gold smash" in the Central Planners` paper World.


Let us pray nobody in the West witnesses the flaming of Confetti currency as per Zimbabwe /Venezuela or Weimar Germany that remind us that Paper IOU`s only have worth until they don`t.

Fairly damning that the $Dollar has lost some 90+% of value,yet those that bought
Gold circa 1998/99 Gold at $250 can still buy 5 times as many $Dollars as then,and those that bought at $35 have simply never stopped smiling.


A barbarous relic indeed !!

[richgit] 27/9/2016 10:23

Buying into the Slovakia Gold for zero doesn`t seem too barmy

The Central Planners have utterly destroyed sentiment towards Gold & Gold stocks
into now the 5th year- yet how much longer can they keep up the Fraud ?

Quite possibly not beyond the next 3 months as all the cracks appear in the Mirage
of false tranquility,as Banks are smouldering smoking Guns,and US GDP slides into
the quicksand to 0 and their recession is revealed.

How many $Trillions equivalent will now be required in flooding the Markets to backstop the potential carnage?

The Cenral Planners may have to buy the Xmas Presents this year and hand them out
to pretend there are any tills ringing - as Joe Bloggs is skint,angry and opening their eyes to reality.

[grannyboy] 27/9/2016 07:47

The chairman has known more then the ordinary pi's for years and he's continued to buy shares in any fundraising all the way down to where the share price is now.

He's either a very rich long term holder and is optimistic in still being around for whenever these start producing anything?.

But the saying 'A fool and his money is easily parted' would be a good analogy of Barme.

[greenrichard] 27/9/2016 07:40

In the 2014 annual report over £400,000 was paid in salaries so you could say that the money raised is partly to continue paying the bosses wages.

[shavian] 27/9/2016 07:33

Good luck Bertie, you may need it. My holding's almost too worthless to sell.

[wooster4] 27/9/2016 07:23

Whilst share price performance has been dismal (to say the least), I find it encouraging that the chairman continues to participate in every placing. In this instance, he has not simply maintaining his percentage holding but significantly increased it. I assume he knows a lot more than us lot. May buy a slug more for the bottom drawer!

[vatnabrekk] 25/9/2016 10:06

Last year's AGM was on 22nd October. I wonder if they will be sticking to a similar time table this year. Perhaps they will prefer to get hold of the Zamsort shares first.

[greenrichard] 24/9/2016 11:17

As long as the directors continue to pay themselves......

[vatnabrekk] 23/9/2016 19:45

Does anyone have any idea when we might expect any form of work or production to take place, rather than the never-ending studies followed by more studies, reports and chatter? I have looked back over RNS reports, but cannot find any target dates being given. Surely they must have some ambition or target for starting some form of production, whether it's one year away, or two years away, or whatever?

[crystalball] 23/9/2016 15:47

What a total and utter disaster this has turned out to be.even at this pittifull share price ,hardly anyone wants to purchase shares.i simply got this company completely wrong.i can only describe this company as a vacuum.for all of you that are bullish,well I am puzzled. Holding 50 bloody million shares for an eternity,and pain will go on for a lot longer I think. DYOR can only pray I'm proved wrong😰

[bared_bones] 23/9/2016 15:19

such an awful outfit this...

[sleveen] 23/9/2016 15:15

oilbuy

you may well be right.

2bn shares at 0.018p is my guess

[bared_bones] 23/9/2016 11:20

Why do some shares get ramped to high heaven before a placing...others just get slammed.

[oilbuy] 23/9/2016 11:13

Placing on the way ?