GREY:OGLDF - Post by User
Post by
bcjton May 14, 2010 10:36am
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Post# 17099147
Called the Company
Called the CompanyThey don't know what's going on other than it appears that a Fund is selling a position.
I asked them if Bayswater was dumping their JV shares. They wouldn't confirm or deny.
Bayswater looks like they're in need of money to complete a large deal - makes sense.
Otis has $4.2M in cash and will be drilling soon.
There's an iceberg sell order at .55
I would guess that once it's taken out we'll get a sharp pop to the upside.
bcjt