RE:questionI hold shares in Oban because they absorbed NioGold. I was (and continue to be) a firm believer in NioGold and its vast potential - this is a significant factor in my decision to go long Oban (I did reduce my position last week to rebalance my portfolio; still own a healthy number of shares post-reduction).
The other reason I'm long Oban is because of Roosen and co.'s track record in creating shareholder wealth. They made a lot of money for Osisko investors, and I don't see why they cannot repeat this success. Having a big bank account also helps their cause - projects with great upside don't matter if the company cannot remain solvent.
This may not answer your question - these are simply the reasons I choose to stick with Oban.
- MM