Orosur Keeps Full-Year Guidance After Bumper Production Update

Sep. 12, 2013 1:20 PM ET
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Proactiveinvestors is a leading multi-media news organisation, investor portal and events management business with offices in New York, Sydney, Toronto, Frankfurt and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of listed companies across the globe daily. We are one of the fastest growing financial media portals in the world. The group also operates hugely successful “investor forums” where three or four companies present to an audience of high net sophisticated investors, fund managers, hedge funds, private client brokers and analysts. Ian Mclelland founded Proactiveinvestors in 2006 as a way to channel his own views on companies small and mid-cap public companies. What started as a hobby quickly turned into a full time job as the website's readership exploded. One2One forums were added later in 2006, and within two years the company had expanded its operations into Canada and Australia. In 2009 the company expanded into Germany and finally into the US in 2010. Proactiveinvestors is now one of the fastest growing global financial media organizations in the world receiving more than one million visitors per month, with investor forums held across the globe on a regular basis.

Orosur's CEO Ignacio Salazar (LON:OMI CVE:OMI) keeps full-year guidance unchanged despite a bumper production update, as the company wants to remain prudent because the changes that led to production increases and cost reduction have only been implemented recently.

http://www.proactiveinvestors.co.uk/companies/stocktube/2174/orosur-keeps-full-year-guidance-after-bumper-production-update--2174.html

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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