Ortac Res. Share Discussion Threads

[glenbo1] 03/11/2016 09:32

Well I think that the share price is still very lower at the current price.AB buying 450m shares is no coincidence

[dicko80] 03/11/2016 09:13

Unfortunately I'm up north so just isn't possible

I would love to go just to grill VC with a number of questions

[dicko80] 03/11/2016 07:52

Morning

Anyone attending the event tonight ?

[888icb] 02/11/2016 17:50

Gold doing very well today back over 1300. Perhaps OTC will follow tomorrow!

[glenbo1] 02/11/2016 15:15

It's their loss. If Trump wins even more upside. Gold will be 1500 then

[dicko80] 02/11/2016 15:02

See we have a few impatient holders

Gold price broken through $1300

Steal at this price

[glenbo1] 02/11/2016 12:23

I agree I think there is a major announcement on the cards and also ABLE buying up 450m shares.He obviously is privy to more information than the everyday investor.IMO

[fatboy1nc] 02/11/2016 09:47

FYI : - Next weeks AGM could be a turning point.

In recent year’s it has taken place in Guernsey (but could be Jersey!) as I’m sure OTC is registered offshore and not in the UK…. and a also meets in London.

But next weeks meet is in Kremnica Slovakia , which is the 1st time this has happend…. my assumption is that OTC has a big announcement that has to do with the Sturec Project.


- 8th Nov
- at 10am CTE ( 9am GMT)


Good luck all true holders/ investors of OTC, wishing you all well.

[dicko80] 02/11/2016 07:52

Morning

Gold looking frisky, could hit $1300 today

[glenbo1] 01/11/2016 19:43

Evening Highly Geared Well I think whatever the result in the forthcoming American election then it will have a positive effect on the gold price.An interesting 12 months for OTC

[highly geared] 01/11/2016 18:56

Gold looking perky again; some great posts today reaffirming the valuation anomaly.
Next weeks US election will be interesting particularly if Trump wins (USA's Brexit equivalent).
The worlds indebtedness keeps piling up, the can keeps being kicked and at some point fairly soon,it cannot be kicked any further.
Next weeks OTC presentation will be interesting in whether they can provide insight on Kremnica in terms of how the wind is blowing in terms of the regional regulatory environment and the politics. It will be a slow process but I feel the tide is turning and 2017-18 should see common sense prevail and agreement reached that enables mining to commence.

[keya5000] 01/11/2016 17:24

glenbo, now you are talking.

[glenbo1] 01/11/2016 16:34

Wooster Being conservative I would say £25mIs a reasonable mcap target for 2017. There are a few revenue streams.

[wooster4] 01/11/2016 16:20

Kiwimonk - can't really compare to mariana - they have unbelievable grades!!

[glenbo1] 01/11/2016 15:27

Keya did you mean .05 or .5?

[kiwimonk] 01/11/2016 14:19

Anthony Balme has 11% almost, he will be wanting his millions he has put into his company back with share price appreciation. They have some outstanding investments which will do just that. Gold $1250 or Gold $2000 it will come.

[glenbo1] 01/11/2016 14:10

The latest placings are for funding and investment. Great posts and when people wake up to the potential of this company it will fly.Patience is the key

[keya5000] 01/11/2016 14:05

Great posts guys except that pearl of wisdom from BSG.

Reckon if gold breaks 1300$ we should be testing 0.5 again.

[kiwimonk] 01/11/2016 13:49

ANother thing to think about is

Casa Mining's resource will likely be 3m ounces +

Having already spent $30m in the last few years Jorc'ing up 1.2m oz

They will be beginning a 5000 metre diamond drill to prove up the resource.

Take a Look at Mariana (MARL) £85m mk cap - based largely on their 30% of 3.5m oz turkish hot maden resource.

DO the maths on Casa at 3million ounces - say we still own 20%. You'd get an equivalent of £48m ( 1.25/£).

So you can really play OTC one of three ways.
CASA
THE INVESTMENTS
OR SLOV

Casa for now holds the ace card.
I think Zamsort will bloom soon also. A lot of people have no idea how big this asset is.
But Casa has a very near term obvious wealth effect.
(+ 1500%) from £3m. Even if it only makes half that effect, you can see the upside.
DYOR!!
KM

[dicko80] 01/11/2016 13:02

KM

good post, slightly more conservative to my fair value calc.

When you look at the assets

Slovakia 100%

NPV $195m pre tax

Mining- production - revenue

71,000oz pa x $700 net margin ($1255 current gold price - 555 cost per oz)

$50m net profit per year vs £2.5m mkt cap

Add in that Gold is expected to rise significantly over the coming years

Serious upside

Even more so when the balance sheet says £12m net assets , 400%upside on this alone

Then add in CASA

Who's most advanced deposit -

Akyanka

NPV $171m (OTC 21.25% equity stake)

Drilling hopefully to confirm 3m oz gold

Prior to this revised scoping study to be issued for a much larger mining operation

Talk of 100,000oz pa x $600 net profit ($1250 -650)

$60m net profit pa

Zamsort (c20% equity stake)

on the verge of production

Highly prospective large area 1000 sqkm with potential to host multiple monster resouce assets as highlights byBarrick golds acquisition mine in 2011 for $7 billion

Talk of predators lurking

Then there is the investment in Andiamo

Low cost , good infrastructure, near surface deposits

Potential $2m per month revenues

Upside with further exploration potential multi million oz deposits at surface

+ copper

Fair value @ present would be balance sheet (£12m + 10% NPV Slovakia plus cost of investments)

c£25m

Current mkt cap £2.5m

*strongbuy*

[bsg] 01/11/2016 13:01

Trouble is there's probably plenty of dilution and a consolidation to come. After all it is an AIM miner.

[dicko80] 01/11/2016 11:50

Good shout glenbo

Gold could soar this week

Every $1 increase in price = $1m for Slovakia