OTCPK:NOXOF - Post by User
Comment by
MrMonkon Nov 14, 2015 12:37pm
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Post# 24291757
RE:price appreciation
RE:price appreciationAll I know is that the upside is significantly greater than the risk at this point. Osisko money is smart money - they don't buy 20% of a business unless they feel risk is dwarfed by potential return. That alone should get investors' attention.
I'm not in this to double my money - I'm not out at 80 or 90 cents. If the company is allowed to reach its full potential, I won't be out until I'm at an 8 or 10-bagger - $2 - $3 per share for me. Whether that happens in 12 months or 36 months, I will continue to patiently. wait.
Don't worry too much about the gold price - it's only up from here. Gold is forever cyclical, and it's setting up for a bull.
- MM