TSXV:ODX.H - Post by User
Comment by
llccmanon Sep 26, 2006 10:48am
168 Views
Post# 11420681
RE: more please
RE: more pleaseYou know, if Odyssey currently had a market cap of, say $130 million or so, or a level much closer to many of its exploration peers, I might agree with your short-term views.
But it doesn’t have a market cap of $130 million, or $100 million, or $70 million, or $60 million, or even $30 million. What is it today, $7 million? $8 million?
Here, pj, just for you, a selection of a few of the companies our little group identified in the pennies stage and accumulated while guys like you were pontificating why we shouldn’t:
ACR Group (AMEX:BRR) We stared our “Buy-down program” in 2002.
https://stockcharts.com/h-sc/ui?s=BRR&p=W&st=2002-03-01&id=p00490532045&a=25307029
Jones Soda (NASDAQ:JSDA) We started our “Buy-down” program in 2002.
https://stockcharts.com/h-sc/ui?s=JSDA&p=W&st=2002-03-01&id=p37730936894&a=66363908
Afriore (TSX:AFO.TO) We started our “Buy-down” program in 2004.
https://stockcharts.com/h-sc/ui?s=AFO.TO&p=W&yr=3&mn=0&dy=0&id=p10836724568&a=25950712
Minera Andes (TSX:MAI.V) We started our “Buy-down” program in 2005.
https://stockcharts.com/h-sc/ui?s=MAI.V&p=W&yr=2&mn=0&dy=0&id=p43692535534&a=78026374
Miramar (AMEX:MNG) We started our “Buy-down” program in 2005.
https://stockcharts.com/h-sc/ui?s=MNG&p=W&yr=2&mn=0&dy=0&id=p02104012690&a=22412687
We (our little group) think Odyssey is undervalued based on just the known resources they already have demonstrated and we think we know why. (A subject for perhaps another series of posts someday, but not now). That doesn’t take in to consideration ANY of their further exploration potential.
So while it vacillates down here sub-.50 or so we think it’s time to opportunistically add shares of Odyssey. But you are free to come up with any reason you like not to.
Have a good one!