RE:Where are the insiders??From my perspective this is a
STRONG buy: the sector has been hit hard and has minimal downside risk. I've compared OM to 3 Zinc juniors, TK, FWZ & TI, discovering that the average valuation lies at $0.00383/lb which would be equivalent to OM trading at 0.22 cents. Being just a couple pennies away and having to choose between any Zinc stock, OM would be at the top of my list. Here are some reasons why:
- Strong management team
- Unmatched insider support
- Interested nearby community at Pine Point
- Existing infrastructure on site
- Not in a remote location, access to markets (Haul roads, highways, rail etc.)
- Exceptional concentrates
- Open pittable resources
- Integration of new technologies such as XRT
- Potential size increase as AGG survey has revealed great results last year
For some who haven't kept track of the story, when the PEA will come out next month, we should be able to get a better understanding of this project. Based on speculation, I think this is the best Zinc development story out there!