Orsu Metals Share Discussion Threads

[topinfo] 13/10/2014 07:36

OSU closed up 14% in Canada on Friday.

[the stigologist] 07/10/2014 16:23

IS ORSU METALS CORP THE MOST UNDERVALUED GOLD AND COPPER PLAY ON AIM? (ISA'BLE) - OSU

TOPINFO - 28 Apr 2011 - 12:07:01 - 106 of 2040

Nice RNS Guys!!

Dr Sergey V Kurzin, Executive Chairman of Orsu commented: "The sulphide ore flotation tests demonstrate a possibility to achieve a significantly higher copper grade in concentrate and copper recoveries into concentrate from the Karchiga ores than indicated in the May 2010 Scoping Study. They show a marked improvement over all previous test work. These positive results will allow progressing further a detailed engineering design of the ongoing Definitive Feasibility Study. In addition, the positive results of the leaching test work of oxide and transitional ores demonstrate an additional potential economic benefit for the Karchiga Project, which is likely to be realized from the cash flow generated during mining and production of copper from the sulphide ores."

[the stigologist] 07/10/2014 16:22

lolz


TOPINFO
7 Oct'14 - 16:04 - 452216 of 452224 1 0

Next one Im telling yas is OSU for a 50% gain I reckon. Look at cash here and assets, no way can it be valued at less than half cash amount and all assets in for free.

I think you will get 2.25p-2.50p+ OSU within a week max if buyers return, not bad eh

[instig8tor] 07/10/2014 14:59

Did you like that mate? You know what I mean don't you?

[instig8tor] 07/10/2014 14:58

Just dragging along at a Canter at the moment. Full gallop awaits.

[instig8tor] 07/10/2014 14:56

I expect so. With the two of us we can't do much wrong.

[the stigologist] 07/10/2014 13:59

game over coming here

[instig8tor] 07/10/2014 13:05

What taking you so long? Buy the shares with market cap less than cash and big assets. Obviously.

[house atreides] 07/10/2014 08:18

like I said. wash, rinse, repeat.

[makday] 29/9/2014 19:40

This one I agree with TOPO....good call!

SULA iseven better

[topinfo] 29/9/2014 13:24

OSU worth a look too. See below, good summary for those not aware of OSU and how cheap it is.

instig8tor
26 Sep'14 - 11:54 - 1023 of 1025 0 0


Cash 3p a share

Net assets 8p a share


Share price 1.8p a share

If klg can do 500% in a day, this can match it.

instig8tor
26 Sep'14 - 12:07 - 1024 of 1025 0 0


$1.2billion of contained copper in the OSU Karchiga resource

£5.7m cash at the end of June 3.1p per OSU share

£2.6m cash on tok gold asset sale another 1.6p per OSU share


Share price 1.8p real mid.

[novicetrade68] 28/9/2014 18:45

True that Karchiga is a ready to go project, but at current copper prices it's hard to see them securing finance for it imo. There's been quite a discussion on the OSU threads about it, but I believe they need at least a copper price $3.25 if not $3.50 to make Karchiga profitable.

[instig8tor] 28/9/2014 18:28

A bargain the like of which it hardly seems possible.

[instig8tor] 26/9/2014 12:07

$1.2billion of contained copper in the OSU Karchiga resource

£5.7m cash at the end of June 3.1p per OSU share

£2.6m cash on tok gold asset sale another 1.6p per OSU share


Share price 1.8p real mid.

[instig8tor] 26/9/2014 11:54

Cash 3p a share

Net assets 8p a share


Share price 1.8p a share

If klg can do 500% in a day, this can match it.

[house atreides] 25/9/2014 22:49

Yeah. Or even evidence that the drills were done. I think there are a fair few looking unload on the next spike if it ever comes. Greater fools and all that.

[novicetrade68] 25/9/2014 21:56

Ouch ! That's a lot of money to spend on a project of which they never released a single result of any drill hole.

Almost makes you wonder whether Ansem Tas is one of Kurchins mates.

[bam bam rubble] 25/9/2014 21:11

Accounts show an outlay on the project of $2,950,000

Q4'12 -$778,000
Q1'13 -$163,000
Q2'13 -$318,000
Q3'13 -$685,000
Q4'13 -$379,000
Q1'14 -$127,000
Q2'14 -$216,000
Q3'14 -$284,000

[novicetrade68] 25/9/2014 20:23

I think it's $0.5m down the bin to be precise.

[bam bam rubble] 25/9/2014 19:58

Didn't spot the RNS yesterday as it was a 6pm special..

So they've exited a project with a clause to get costs refunded not triggered
as ORSU are the ones defaulting on the deal. Several million binned it seems.