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Odyssey Resources Ltd V.ODX.H

Odyssey Resources Limited is a Canadian junior exploration company. The Company’s objective is to acquire, explore and develop mineral resource properties. The Company is assessing new mineral resource properties and seeks to acquire an interest in a property of merit. The Company does not own or have an interest in any mineral property and is not carrying out any exploration programs. The Company has not earned any revenues.


TSXV:ODX.H - Post by User

Bullboard Posts
Post by Dave4444on Mar 08, 2006 1:08pm
193 Views
Post# 10483387

So understand how good the results

So understand how good the resultsare just consider that .7% copper is equal to almost 2 grams per ton of gold. If you look around there are a lot of gold plays that are reporting only 1 gram per ton or about US$16 per ton at current prices and those stocks are up high. Here we have .7% copper or 14 pounds per ton at US$2.10 per pound for US$29.40 per ton, much better than some of those gold discoveries. Not to mention that we have no stripping required, whereas the gold discoveries at 1 gram per ton often require some stripping of overburden rock. As a result I am nowhere near selling any shares at the current price.
Bullboard Posts