3044 days ago
Today's second interview from Gold & Bears is with my pal Mr Carellas from Ortac Resources (OTC), a thoroughly decent guy.
3060 days ago
And now it is the turn of my Greek friend Mr Carellas of Ortac Resources (OTC) to present at the Gold & Bears show. Enjoy.
3281 days ago
The second video interview by mining guru Amanda Van Dyke from UK Investor Show is now live. In the hot seat this time is Vasilios Carellas - a good chap - and the CEO of AIM listed Ortac Resources (OTC).
3435 days ago
Rain delayed play on the olive harvest but is now back underway again but without me for this afternoon as I have business to attend to in Kalamata and you, my dear listeners, to satisfy with the revelation of a NEW China AIM stock capitalised at £88 million which shouts out red flag. I also comment on Forbidden Technology, Tyratech and growth stocks that stumble, on Ortac Resources, Beacon Hill Resources and raise a few points about the fraud souffle that is Quindell
3759 days ago
The misery of the junior mining markets has caused pain for many but it also gives an opportunity to those with cash…step forward Ortac Resources (OTC) which has today announced a very interesting little deal which could be a real winner.
At 0.24p Ortac is capitalised at just £5.4 million. Its main focus was and – having chatted to Ortac boss Vassilios Carellas over the weekend - still is Slovakia. In that country it has – at Sturec- a JORC compliant gold resource of 873,000 oz. and has completed a PFS. Progress on developing a clearly commercial mine has been delayed by bearded eco-loons who prefer trees to jobs but I am led to believe that progress is being made on that front and we will have news in 2014.
But Carellas is an opportunist.
4175 days ago
Ortac Resources (OTC), the AIM listed developer of a gold mine in the Slovak Republic is today hosting an analysts jolly and has announced as much via RNS. Is it worth the trip? Is there value there?
The company’s shares have like most gold juniors not exactly prospered over the past year. Back in September I reported that speculation in the Daily Telegraph about a bid approach was just wide of the mark but I hinted that there might be value at 0.58p.
4234 days ago
Like all gold juniors Ortac Resources (OTC) has had a fairly miserable year in share price terms. But that does not reflect what has happened on the ground. I tipped this stock at 0.775p in September 2010 and at 0.605p today the company is valued at just £14 million. For reasons I shall explain below that presents an attractive entry point on a risk reward basis.
4252 days ago
The Daily Telegraph reports that shares in AIM listed gold exploration company Ortac Resources (OTC) rose yesterday on the back of bid speculation. Yeah right. A story pumped to a daft journalist by someone looking to make a turn or just a way to fill up a line. If there was real bid speculation or activity the stock would have risen by a heck of a lot than 0.03p. Oooh are you saying that there is insider dealing in London? Er yes.
