http://www.ortacresources.com/


The Companys strategy is to utilise Ortacs highly experienced board and management team, together with its solid foothold in the Central European region, to consolidate additional exploration and development opportunities in the precious metal sector.
Having already acquired the necessary capital, the Company plans to update the resource, complete a scoping study and preliminary environmental and social impact assessments, and bring into production its initial asset, the Kremnica Gold Project in Slovakia.
The Company has identified several regional consolidation opportunities at various stages of development which are currently being evaluated to significantly increase Ortacs resource inventory and maximise shareholder value. Third party companies with advanced staged projects in the region which can be fast-tracked to achieve near term production are also being actively sought and evaluated.

And what exactly does a MM have to do with how a SEAQ stock is reported?
I accept trades of certain sizes can be delayed and the publication of which will possibly be misinterpreted because of the delay; however, for the average buy or sell it is the software used by websites that determine in which column they fall, not the MMs.

Those nasty MMs always getting the blame when a chosen stock fails to rise or even has the temerity to fall. Funny old thing, but you never see a post blaming the manipulative bastards when a stock goes up! I guess it's human nature to blame someone else rather than accepting responsibility for buying at the wrong time or buying a shit company in the first place.

evening pth - i was passing on information that is all - you mention the software which is interesting but you must have noticed how buys often show as sells and vv - ref seaq surely a simple sw fix can correct this this, many pis actually believe that every sell and buy is correct which it isnt - and yes it works the same way when a stock rises - at the end of the day it is a persons own decision when to buy and not to buy - bad timing can cost very much - l2 is a must - the best most reliable information are rns - and solid research & real news - i for one often contact companies but obviously they are restricted to what they can divulge

but i know you are experienced, the idea was to share that info to assist newbies

ref last sentence - there's nowt wrong with otc! - great prospects ahead - gl

Gibby, I wasn't having a go at you or otc, just a general comment.

There are quite a few reasons why the trades are misreported by the software. If the advertised spread is wide, most trades will be executed within the yellow strip dependent on what price the broker can deal. If the spread is tight and the SP moving quickly, by the time it is reported the bid/offer may have moved. There is no way the software can manage the first aspect without constantly placing dummy trades at different sizes continuously to determine the real spread. The second aspect is impossible to calculate.

pth - cheers - i always appreciate constructive information and criticism - so thanks

have a good evening and profitable day tomorrow - gl

Thanks to you both for the info. I find the most galling thing is the lack of news. I look at company websites also the investment houses to glean anything I can, but it is woefully little. I found otc sometime ago when I noticed large investment houses buying stock so I jumped in at .080p. That was probably a glaring error in trading terms but it paid off. Many have not, HTT is one, I have sat on that a while, even encouraged my grandchildren to buy beach dude wear !!! GPN well Clive Palmer took it over and my money with it !! Subsea sunk without trace!! RAB Still in living in hope!! POL still have high hopes for that!! OXS well what can I say?? And so it goes on. On the other hand if you look at the list of shares I got out of, they are doing very well (with one or two exceptions!!). So boys as you can see I am not one of these "I am doing ever so well" merchants, I am a truthful realist who never puts in what I cannot afford to lose and often do!! But enjoys the game, yea verily!!

Thank goodness there's others like me out there, bb....even got the same handle lol regards bb

i too have similar luck there must be something in the water.!!!!
Alex

hope that 23million trade is a buy@1.6p per share at 1633
Alex

lol dudes - not everything i buy comes right either - but to be honest being doing quite well especially last few months

having 2 bbs is gonna make me head explode!! lol - i can see i will get confused!! but beebusy sounds like you been pulling many short straws the kind of guy who can fall into a bucket of tits and come out sucking his thumb!! lol i am sure you must have had some success but as you say never put in what you cant afford to lose

otc - i have topped up several times here now - and although a lack of news can be annoying i see that as chance - fundementals no different here - just a game of patience really at this stage - mega boost that fund raising - real good news

a real shocker today was rnvo - never expected that! potentially i could have lost big time there but because of newspaper coverage sending it skying i didnt bother - what a fluke that was for me! i must of fell into a bucket of turds that day and come out smelling of roses!! as it was saw a great opportunity there but only made beer money - did better on ocdo - obviously me long termers (other than otc, sres so far) did well today

anyhow gl

what a week? waiting for the otc bounce that never came! eygpt good luck to them, when you hear some of the horror stories re police, I think there will be a period of readjustment which will include some retribution, hopefully the people will find themselves a leader who will return the countries resources to the common good, but it will take a while, councils taking the goverment to court and winning!! hurrah! and eastenders still havent given that bloody baby back!!?? the times we live in eh! anyway boys heres to a better week next week (on that note forget valentines day at your peril) you have been warned, adios

certainly was a week! ref egypt i sincerely hope it is not out of the frying pan and into the fire - lets hope for the best - eastenders hardly watch it - but heard the storyline - dragging on a bit isnt it?! roll on next week - cheers

just back from 4 days without computer and a i-phone that refused to connect to the stream!! strangely I felt somewhat refreshed??? Then this morning its back to the fray, a quick glance at otc !!!!!!!!!!!!!!!?????????????????? now where did I put those bad boy pills???

lol &

note out.... seymour pierce start their broker coverage of otc with a price target of 3p.

well I have hung in there and even bought yesterday .0156p which seemed like a bargain to me, RAB seems to be heavily engaged in a buy back action, but OTC is going places. I am so confident that I am off to Cyprus March 2nd to view my retirement villa, keep it quiet though, ere in doors still thinks she is going to Provence !!!???

1.58p +0.70p
New broker note from Optiva Securities out with a share price target of 3.39p representing a substantial potential upside of doubling the price from the current price of 1.58p >>>>>>>>>

" A number of significant price enhancing newsflow catalysts could be announced within the next 12 months including details of the scoping study, exploration drilling results and resource upgrades. There is also potential for new project acquisitions to be added within the highly prolific gold belt that runs from Ortacs Kremnica gold project in Slovakia through central and south eastern Europe. With Ortacs 11.74m cash deducted from its market cap, the market is essentially valuing the Group at only US$35.6 per ounce of gold equivalent JORC resource. Considering the potential close time frame to production and amount of resource in the mine ready Measured and Indicated JORC categories this valuation is simply too low. Any positive short term newsflow event within the next two months could therefore lead to an immediate bounce in the stock."

lol!!

BRIEF-RESEARCH ALERT-Seymour Pierce starts Ortac Resources with buy

Published: Friday, 18 Feb 2011 | 1:29 AM



Feb 18 (Reuters) -

Ortac Resources Ltd: * Seymour pierce starts Ortac Resources Ltd with buy rating;

target price 3P For a summary of rating actions and price target changes on FTSEurofirst 300 companies

--------------------------------------------------------------------------------

and gibby rating 10p + - strong buy!!

lol

kerrrrchinnnnngggggggggggggggggggggggggggggggggggggg

Took a nice profit from DAN today and got into OTC, looks v/promising in the nearish term.
2517

paranoid today, do you ever get the feeling that there are forces at work behind the scenes??

2517george - well done on profit - and agreed - also i seem to remember more news here not that far away here - gl

bb - always - lol

good read here: http://www.ortacresources.com/documents/SeymourPierceInitiationofCoverage18.02.11.pdf