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Olympus Pacific Minerals Inc T.OYM



TSX:OYM - Post by User

Post by linericon Aug 29, 2006 11:36pm
257 Views
Post# 11292177

Insiders will have to move it again.

Insiders will have to move it again.The last run up to .94 was mostly the result of the insiders coming to the plate and they did a good job. Likely, it was partly to make Zedex look good for their listing. They also probably thought that once they got some action going that the market itself would get behind it. It seems the market fell asleep!!! The insiders hold a lot of paper and at some point they will want to convert it to cash ( possible via a take over)- but the higher the sp the more they will make. But that is in the long run. In the short run the treasury is full, and there is cash flow from gold sales, so the need for a high sp in the short run is not critical to the company or the insiders. The next move up will be based on exploration results and strong earnings. The market has to wake up to this gem and it might be soon if the exploration results are what I think they are. I believe we have excellent management and they may have some fireworks planned, starting in Sept. If you want cheap shares - get them now.
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