RE: RE: RE: Thanks Trader520 RE: RE: OX vs. RomarcOX at 1$ in 6 months?!?! I've been holding this stock for more than 4 years and do you know how many time I've heard this "1$" garbage prediction??? Too many times and do I need to mention that it never came close?!?!
This company have been "undervalued" too since I'm in... You can do all the maths you want with the resources, the location, friendly country, blablabla but you have to add management / company historical in your equation. And sadly, years over years, they haven’t delivered and we, shareholders, are paying the price of their incompetence with huge dilution over that period and now the OSK deal… For those who are only blaming Jacques for this situation have to consider that actual management is not better or even worst than prior management… They’re as slow as it was before to run this company (drilling, website, report and the list goes on…), can’t close a PP at the right time when supposedly having contacts in the finance world. They can’t even get rid of Jacques who longs all know that this guy can’t be an asset for the future of OX…
And "big boys" are waiting on the sidelines or are getting in by the PP's??? That's another argument that's coming back year over year... Fact and problem are that there's no big firms looking, buying and recommending OX, unless your definition of "big buyers" is insiders or insiders buddies. The day, if it comes..., that analysts will start following this one, your valuation calculation may becomes accurate. But have you asked yourself why we're not on the spotlight even if we have a "world class" property??? For what reason do you think we're not???
Market is giving a value around 0.12$ a share, it’s not a manipulated or undervalued, it’s the actual value… Gold is surging lately. Are we gone miss the boat again like in '06-07? Hope that OSK management will turn this baby around with an agressive drilling program! Because without them...