TSXV:NORA.H - Post by User
Comment by
blue_seaon Apr 22, 2010 7:31am
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Post# 17018309
RE: RE: RE: RE: OK Trading
RE: RE: RE: RE: OK TradingYes, OK did sign the JV deal & left with 45% but those 45% are enough because OK didn't have to finance the way to incommissioning, funding nothing --> so it's a good deal because fund rising would have lead to much dilution. But now OK is in a good position wether profit taking over many years in case of the productive mine or let PAA give out a good takeover bid. I don't believe that OK is in the bad case to must comp La Preciosa for a steal. ...
So keep on trying outface some investors here if you can. Of course when new drill results would bring nothing but dead rock the price will take a tumble but I don't think that this will be the case.