The Speculator

Australia’s Orinoco Gold has hit some promising pay dirt in Brazil.

PORTFOLIO POINT: Orinoco Gold’s share price has risen almost five-fold in the past year, with a Brazilian acquisition yielding some promising assay results.

Few readers will remember the unsuccessful gold prospector Strickland Resources Ltd (STK), whose shares fell to a 12-month low of 9.9c after disappointing results from an exploration play out of Leonora, Western Australia.

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