Ortac Res. Share Discussion Threads

[cpap man] 15/12/2017 15:00

As a larger CASA MINING shareholder 1savvyinvestor your post above is indeed spot on - i actually have already bought more Casa Mining [obviously now via OTC] via the recent placing.

IMHO some of the placees [who were not Casa Mining shareholders] have been selling out for a quick buck or two whilst like you i would prefer to hang around for the very big long term profits which means an OTC share price north of 10p

[1savvyinvestor] 15/12/2017 14:04

I can pretty much guarantee that even small casa shareholders will be holding. We haven't made anywhere near enough profit to sell anyway! I am more likely to top up than sell personally!

[cpap man] 15/12/2017 13:26

Ortac Resources* (OTC LN) 2.6p, Mkt Cap £8.8m – Ortac to expand Misisi Gold project along parallel structure to East

(Ortac holds 70.09% of CASA Mining which holds 71.25% of the Misisi Gold project in South Kivu in the Eastern part of the DRC.

This gives Ortac an effective 49.9% stake in the Akyanga project)

Ortac Resources have decided to continue drilling the Misisi Gold project at Akyanga East which shows a parallel structure to that at the main Akyanga gold resource.

Drilling at Akyanga East already shows promise at:

5.05m grading 5.93 g/t Au from 49.20m
11.10m grading 1.68 g/t Au from 65.70m and 7.90m @ 4.97 g/t Au from 103.30m
9.00m grading 2.84 g/t Au from 46.00m

Conclusion: Further drilling is expected to grow the resource to >2moz and to show Akyanga as part of a much larger system of parallel gold structures ins a potentially 55km gold system.

*SP Angel acts as nomad and broker to Ortac Resources

[cpap man] 15/12/2017 09:21

Maybe STIGGY but the large CASA MINING shareholders [deemed to be 100,000 shares plus] are LOCKED IN

[the stigologist] 15/12/2017 09:17

I think we just have to bear in mind that as pointed out by investor above some of the CASA people who have been locked in a long time on that are getting their share certificates

Stands to reason there will be some stale bulls who'll just want to get out so creating a short term technical overhang

The positive of that is that once that washes through (having given us a chance to pick up cheap shares) this has potential for massive double whammy moonshoot higher based on assessment of fundamentals and the technical overhang/resistance disappearing

[the_boy_plunger] 15/12/2017 09:11

mind

of late worth another punt
nibbled the recent lows......looking 5-7s for starts

[cpap man] 15/12/2017 08:55

Yes STIGGY you are spot on with OTC

Know the guys - reckon that the CASA MINING project in the DRC could well be an absolute monster - 10m to 15m ounces of Gold!!!!

OTC will seriously MULTI BAG on the back of all of this!

[the stigologist] 15/12/2017 08:30

Lot to go for here chartwise and fundamentally

[the stigologist] 15/12/2017 08:30

I think if the Akyanga part is by itself 2m oz then the rest of the 55km could add a few similar sized concentrations ? You'd be potentially looking at 10m + eventually

[maverick247] 15/12/2017 08:24

Multi million oz!

[1savvyinvestor] 15/12/2017 08:14

Excellent. As a casa investor and having just received my ortac certificate I'm not surprised. A lot more to come

[grannyboy] 15/12/2017 07:55

Maybe some are expecting another fundraise?..

[the stigologist] 15/12/2017 07:19

Nice.

"I expect that as we continue to review the data, further mineralisation will be defined confirming the view that the Akyanga Deposit sits central to what could end up being a 55km long, multi-million ounce gold belt as we work towards our target of securing in excess of a 2 million ounce gold resource at Akyanga."

[maverick247] 13/12/2017 14:59

Nothing short of comical here today guess this will be one of those post news risers lol

[the stigologist] 13/12/2017 08:54

Serious potential on sturec deal.

Watching CGO on that

[maverick247] 13/12/2017 08:32

Looking good got a personal target here of 9p in line with optiva valuationIf more high grade gold comes back in the next week or so might rethinkThe wildcard is they drop news of a sale or jv on Sturec!

[blueball] 13/12/2017 08:22

British Bulls says buy.

[the stigologist] 12/12/2017 15:44

5p would be initial target but can't rule out a move to 20p

[the stigologist] 12/12/2017 15:43

perfect set up for a whoosh higher

[the stigologist] 12/12/2017 10:17

close to breaking out

[the stigologist] 08/12/2017 14:30

OTC !!!!

Twitter feed just now

More VISIBLE gold

[the stigologist] 08/12/2017 11:43

Putting in a bottom

Ortac twitter feed sounds bullish

Meeting with local Governors and bagging up samples