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Old 04-27-2011, 08:42 PM  
davidd
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Join Date: Jul 2003
Posts: 1,076
Solely, my opinion, I would never assume anything but positive things about this fine company ORFG.

1. Modern day P&D's are almost always a Chinese company that did a reverse merger. There have been a truck load of these lately and the SEC has done nothing about them. They have all imploded, been delisted, etc etc.

http://www.zerohedge.com/article/dee...e-merger-fraud

http://www.zerohedge.com/article/mos...anagements-all

http://www.businessinsider.com/inter...ncrease-2011-4

http://www.fool.com/investing/intern...d-to-know.aspx

2. Historically, most P&D's choose a "hot sector". Gold, and commodities in general, are hot right now. "Green Energy" is also a hot pick for P&D. In the late 90's it was tech stocks.

3. Historically, P&D's have their "finds"/"technology" outside the USA. Can you say "BRE-X"?

Totally unrelated to the above, lets review ORFG:

- Its headquarters are listed in China

Headquarters: 93-B342 Xinliu Street,
Zhongshan District
116001 Dalian
CHN

- It recently had a reverse merger

- It is investing in Gold

- They are mining in Colombia

With all of the above considered I would have to put a strong BUY on this company... Cramer: "BUY BUY BUY"

Last edited by davidd; 04-27-2011 at 08:47 PM..
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