GREY:OGLDF - Post by User
Post by
herbaciouson Sep 27, 2011 8:58am
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Post# 19087560
WE ARE IN IDAHO USA
WE ARE IN IDAHO USAOtis is committed to growing ina sustainable manner and minimizing its impact on the envirionment
EXPLORATION PERMITS
all have been granted in 6 weeks or less
THE CARIBOU TARGHEE NATIONAL FOREST
all 162 claims exist within boundries
ENVIRONMENT SCOPING STUDY (DEC2010GOLDER ASSOCIATES
no issues have been identifed that are considered fatal flaws
NO THREATNED OR ENDANGERD SPECIES PRESENT
IDAHO STATE EXPLORATION RECAMATION AWARD 1995 receipt
NOT IN THE VIEWSHED OF ANY NATIONAL PARKS
ALL DRAINAGE
no water flows into salmon spawing grounds or rivers
OTIS GOLD is presently in the process of proving up a NEW 43-101 , which is expected some time in OCT 2011
THEIR NEW FOCUS PROPECT RIDGE has show mineralization and drilling is proceeding to prove up the next potential deposit!
Currant drilling results on PROSPECT indicate potential that MINE RIDGE DEPOSIT AND THE PROSPECT RIDGE TARGET ARE CONNECTED!
Otis has the funds to complete their programs , no debt, slow burn rate
Management & close friends own a significant position
Institusions have between 35 to 40 % ownership
Insiders holding 13%
last financings primarily placed institutionally
GALENA SPECIAL SITUATION FUND 9% shareholder
no waarents in the money
do your own due diligence
herb
BYRON CAPITAL INITIATED RESEARCH COVERAGE DEC2010
no warrents in the money