Orca Gold—Update With CEO Rick Clark
6/12/17
On the heels of big news last week from Orca Gold (ORG/CANWF), I thought it would be a great time for an update from CEO Rick Clark. I’ve been following Orca for years, almost 5 actually, and I’ve never been more excited about the prospects as I am right now. The new water discovery and decision to move directly into a bankable feasibility study versus PFS is very bullish as it shows a lot of confidence in the project. As you can see from the 10 year chart above we are a LONG way from the 2011 top near $20 per share. The biggest thing to understand here and gleam from the update below is that the reality in Sudan is MUCH different than the perception. But, even the perception is changing and the US government has begun to lift sanctions as Obama went out the door and it looks like the Trump administration will continue this policy. It will open up business considerably in the country and this will benefit Orca tremendously as they have a serious first mover advantage. Those of you unaware of the story should take 30 minutes out of your day to hear about this truly special situation in the gold junior sector. I am reiterating my $1.50 CDN price target within 18 months which is more than a 200% return from current levels. There are many reasons for my bullishness and I think investors will be able to make your own determination if you agree with me after absorbing the webinar recording.This is one of my top 5 junior gold recommendations. Under a $50MM market cap, it is probably top 3 and is a six figure position for me personally. Enjoy…Eric owns shares in Orca Gold
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