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ORFG best gold proxy under a buck...focus in on ongoing strength

May 09, 2011 1:09 PM ET
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Hearing discussions on gold play ORFG...In particular good looking chart (run from .10 to .40 recently)...Has been flexing the better part of the morning....Recent technicals pointing to a healthy consolidation developing in upper .20s following strong run late april.....Alot of commodities analysts seem to be in the camp silver will stall, but Gold will start to outperfrom after just inching in 1400s while silver screamed up from 20s to 48....Look for ORFG get be exponential to the trend...in other words, should we see a sharp spike in the metals, look for the liked of ORFG to double it.....do some diggin on the mine news...
 
So much importance in maintaining very good relationships with the country/province when dealing with these south american ventures.....seems like ORFG is doing a good job of it which is critical..
  • Orofino Gold Corp. (ORFG) Plans to Retain SEPRO to Increase Recoveries. PR Newswire(Mon 9:12AM EDT)
     

    Recent permitting issues for Colombian based Gold projects due to environmental concerns from the Colombian government have made sustainable and environmentally conscious mining programs a top priority for many of the region's mining companies. Orofino's directors and management feel taking steps to ensure sustainability from the beginning of its exploration process is part of the company's responsibility to the local population and government. These steps will also better position the company for long-term development of its concessions thanks to a decreased environmental impact.

    In addition to positioning Orofino for environmentally sustainable growth, installing Sepro equipment at its Culo Alzado mine site will also dramatically improve recoveries of minerals from current workings. Orofino intends to install new, state-of-the-art crushing, milling, and recovery systems....

     
     
     
  • New Shallow-Depth Exploration Work at Culo Alzado Returns Promising Results for Orofino Gold Corp. (ORFG) PR Newswire(Tue, May 3)  Early results from samples taken from the adits have shown in excess of 10 grams of gold per tonne in veins up to one metre in width and open at depth. These promising shallow-depth results indicate the potential for higher grades of mineralization at deeper depths along the same axis
     
     
     
    Last Trade: 0.31
    Trade Time: 11:31AM EDT
    Change: Up 0.01 (4.38%
    Chart forOrofino Gold Corp. (ORFG.PK)


     
     
     
     

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