RE: RE: RE: RE: RE: RE: RE: Rewards To be honest OX is one of a the few companies that I have not made money on.I usually use a rational head when looking to invest in junior companies and have made money on Ariquipa,Linear Gold,Bre-x,CSI and lots of other breccia type gold deposits with large intersections of gold.I've lost money on high grade narrow vein deposits as it looked great when drilling down the vein and lesson learned about what I buy.
The CDN banks were also no brainers to make money on as well and lots of other opportunities out there.
I admit to an emotional attachment to this project knowing the area,its history and the fact that I can personally keep an ear to the ground as to what is going on.Getting emotionally attached to a stock is not healthy and usually not condusive to making money!
This company will eventually see the light of day...I've believed that for the past 10 yrs but have only purchased a huge amount of shares in the past few.Yes,we are closer to news than we were a month ago.....and yes OSK will eventually move forward as their mangement team are not stupid...far from it...it was not luck that got OSK to where it is today.
Naive OX did not believe that it was going to be stretched out as long as what it has.Hopefully lesson learned by all involved. It is my hope that given what OX have had to experience in existing dealings with OSK,they will be looking at JV ing with other companies out there other than exclusively with OSK.Having competing companies at the table and working other sections of the property will give OX much more negotiating power in the future.
Isn't one of OX's directors a former Goldcorp man? Aren't there any former PD employees now with Barrick,that are familiar with the Goldboro property? Australian majors familar with this type of deposit ?.
Are we looking at breaking up the 100% owned OX land and getting ready to shop it around after the next 43-101 showing 2 million plus ounces. Are we prepared to do so if OSK don't have a sweet sweet offer to JV our 100% owned property.
Ox was in a position of weakness the last deal that was done with OSK. Are we prepared to negotiate from a position of strength the next round?