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.

imo will bounce tomorrow - this is way over done - a lot of panic and auto sells triggered also - thankfully i'm in for the long haul so not concerned - any bought 3p + today - dont worry - just needs a little patience - gl

good time to buy more I reckon!

ditto that skyhigh - i did today also! today was typical aim share - no matter how good the stock will suffer the dips like any other - but can recover easily as quickly

to use the ant and dec phrase,you didnt expect that did you? despite great expectations this holding has taken the route of so many of my previous ones.Chartist is now looking at being tied to his desk for at least another decade,while I take up another occupation possibly gurning as my facial expressions have had plenty of practice.

Aren't you a BUSY BEE?

Taking the P!SS and something else
I do hope you are choosing the right flowers cos I do want the right taste for my honey.

-----------

shares
Up and down like a whore's knickers once again today or this morning, punters and investors reading again and again yesterday's news.

slap my wrist! I just cant help myself.just bought another wedge at .0195

lol
lots of shares down at the moment
this drop defies logic - topped up again this morning

honest advice is buy while you can
this will bounce if not today - next few days
typical aim trading - not worried one bit

anyone with sense and experience imo would buy now - but hey ho that is an individuals choice gla

i think you are right. i have been buying in at a steady rate.time will tell.

its worth noting that CENTARMIN was upgraded by 13% in2006 7.7moz, look at the values and results.1.1moz may not set the world on fire but it is under valued at .020,this is only a single mine with more in the pipe line.

You could buy them at 1.81p just now, 7% cheaper

i know - i always smile when AIM causes so much panic - never mind - gl

note mms are buying shares here - they do not collect shares but sell at a profit - plenty of buyers :-)

trades look 50/50 lot of volume.

The bounce is on now 1.90 / 1.97p -02.29p
but will it last if it does it would be good to pause around 2p later

Moving on the right direction now offer at 2p

good stuff cielo

also from the other side...

Just spent 2 hours writing a new post based on the latest figs showing just how huge the potential still is. Just as i was about to submit it my computer crashed !

I am now going to resort to a couple of "1 liners" from memory and go out for lunch.

OTC Mkt Cap 34.7m at 2p with 1.1Moz.

EGU has 10Moz and has a Mkt Cap of 1.7 billion, showing that OTC's 1moz is potentially worth around 170m, 4x current Mkt Cap.

HUM have 812,000 Oz only, ALL of which is in the Inferred category and has a Mkt Cap of 90m. Thats 3x current OTC mkt cap and OTC actually has Measured & Indicated,albeit lower.

Many other "goldies" with 1Moz have a mkt cap of circa 130m - 150m, 3-4x OTC mkt cap.

OTC current gold worth around 3.4p/share.(on only 1.2km)

OTC current silver worth around 1.34p/share.(on only 1.2km)

OTC current resource based on only 1.2km of 6.5km strike length of Kremnica.

Full 6.5km expected to produce 2Moz.

Current figs and 2Moz based on current drilling depth/width and Optiva stress that this will be "much larger" as it extends in both width & depth.

One of their Slovakian exploration licenses has a current resource of 360,000 - 500,000 Oz that Optiva say can be quickly converted to JORC standards.

the Kremnica Mining Licence has an area of 11.79 km2, the Lutila Exploration Licence has an area of 63.2 km2 and the Vyhne Exploration Licence of 36.90km2.

The Lutila Exploration Licence of 63.2 km2 is adjoining the current Kremnica license which expects to produce a MINIMUM of 2Moz in just 11.79 km2. So Lutilla could easily produce ober 10Moz which is why Optiva have compared them to the 10Moz 1.7 billion Eiropean Goldfields.

They also have the Vyhne Exploration Licence of 36.90km2 and 9 other Slovakian licenses.

OTC also plan to expand into other "World Class" mining areas according to the Optiva note.

still way undervalued and STILL the next European Goldfields imho.

When you do something remember why! I am remembering why I bought OTC and if anything its got better so I will stick with it.

All the signs of an INVERTED Head and Shouders on the Intraday chart
only needs tomorrow go to 2.22p and then follow the 5 day chart up

next few days should be interesting - link to optiva rating - many would have seen this - target 3.45p within 6 months http://www.ortacresources.com/documents/OptivaNote05.01.11.pdf

but just one point to keep in mind - there will be a steady news flow - and we all know where an sp heads on expectation of news!! extract of optiva report here : 'Publication of a revised JORC statement anticipated in
January/February 2011, could be the first of many newsflow enhancing price catalysts
during 2011. Against the background of a continuing strong gold price environment,
anticipated project developments should be positively received by investors.'
et cetera

spent a very early morning mulling over the facts and figures and my buy finger is poised,