RE: RE: RE: Ready for take off? I don't see that as a bad thing personally I don't think the market reaction to OX regaining 100% of a +- 3 million ounce deposit would be negative.OX would be back in the running for a takeover by Mid Tier or major Gold mining companies and OX would be instantly worth $100 million market cap... $3 Million in the bank...and attractive to institutions for future financings. The OSK partnership with Ox makes the potential for takeover of OX by Kinross,Barrick etc minimal at best. IMHO.This gives OSK all of the power. If this happens and OSK walk,we can thank them for helping us along and walk away with a smile :)
The difference today to institutions ie financing and Gold Majors is that OX will have the potential of 2.5 million to3 Million ounces to tout which would be attractive to ANY established miner as opposed to less than 1 million ounces the last time around.Gold has increased by $400 an ounce since our deal with OSK .