RE: When?I agree with Smithgee that you need to have patience, and this goes for any equity if you take a long position. I feel that OYM has come along and is developing very nicely so far. Wanting more from it at this point in time is equivelent to being impatient. It is truly understandable that some want quicker results but not all juniors explode up the chart and even if they do they usually free fall back down as they get overbought and run up.
I do understand the amount of shares being a slight issue, not so much with a sloppy float as most are held by insiders, Zedex, and Dragon Capital, so this limits the amount available to retailers. Rather the issue in question is the dilution of company profits per share. The more shares, the more dilution, but if you look at the number of outstanding shares OYM has compared to a few other juniors they really are not that terribly saturated. I don't forsee this being a problem as the price of gold continues to rise and in unison so does OYM's profit margin.
So I think patience is key and give this one a chance to develop. One must at least be patient until they open their second mine for production and they do further exploration in Vietnam. IMHO they are just beginning to scratch the surface of discovery and production in that country. Expect many more good things to come.
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