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Orion Minerals

YoungInvestor

By YoungInvestor
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YoungInvestor Newbie

YoungInvestor

Posted
Posted

Anyone know much about these guys, its a newish secondary listing (AUS) planning on opening up mining operations in Prieska in early 2018, mining zinc and copper which both have very good and profitable outlooks into the future from a commodity point of view.

 

Any thoughts?

  • 2 weeks later...
Groovy Newbie

Groovy

Posted
Posted

I tried to buy some shares but failed a few weeks ago, it was trading at 0.30cents per share. I kept on being made to place buy instructions & i could only get 13.86cents worth. It was hassle. I cancelled all the buy instructions i had placed after some time. Share is trading at 0.95cents today.

YoungInvestor Newbie

YoungInvestor

Posted
  • Author
Posted

Yeah I see. And prospects are looking better and better. Ive taken a big risk and invested in them today. This is going to be a very LT investment and my only one in the resource sector as mining will only begin in 2 to 3 years but I have faith in these big AUS mining and exploration companies. I am working with one now in Moz and they know what they doing and are progressing very fast. Expecting a very bumpy ride, but il hold out.

YoungInvestor Newbie

YoungInvestor

Posted
  • Author
Posted

Awesome article, thanks Outlook. Im really annoyed that I didn't get in @ 30c becuase I was watching it quite closely and zinc and copper are two of the few great commodities to be in. But at least I got in now and super excited to see what these guys will do.

Groovy Newbie

Groovy

Posted
Posted

Can anyone explain to me why this share is trading at 3 Aussie cents in Australia , yet here in SA it's waay up R1+.

Am i missing something, can anyone enlighten me, I'm lost.

Joe Newbie

Joe

Posted
Posted

38% up today already. Dam maybe I should buy up some more[FACE WITH TEARS OF JOY]

 

Shooting up again today. Well done! Maybe you should change your name to ASTUTE INVESTOR!!  LOL

Groovy Newbie

Groovy

Posted
Posted

@YoungInvestor some more digging needs to be done. I'm still outside, looking in. The way it's moving is beautiful, I'm just trying to figure out what's happening with the AUS X ZAR prices.

Dusty Mountain Newbie

Dusty Mountain

Posted
Posted

 

Had the same thought...

 

Anybody invested here or just the sophisticated investors... manipulating the speculative market.

 

ASX share price = 3.0 Aussie cents / JSE share price = R1.69 @ current exchange rate of 1 A$ = 10.83 ZAR

 

Parity with ASX sees value @ R0.32,49

 

Disparity of R1.36,51 over valued on JSE BY 420%!!!!

 

Somebody is milking the cows...

Groovy Newbie

Groovy

Posted
Posted

 

Anybody invested here or just the sophisticated investors... manipulating the speculative market.

 

ASX share price = 3.0 Aussie cents / JSE share price = R1.69 @ current exchange rate of 1 A$ = 10.83 ZAR

 

Parity with ASX sees value @ R0.32,49

 

Disparity of R1.36,51 over valued on JSE BY 420%!!!!

 

Somebody is milking the cows...

 

 

I can't explain this @DustyMountain

  • 2 weeks later...
kjseq Newbie

kjseq

Posted
Posted

These are all from SENS. I downloaded the sharenet app to track my portfolio movements and I watch the SENS updates thread throughout the day.

 

thanks

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