GREY:OGLDF - Post by User
Post by
herbaciouson Sep 29, 2011 9:43am
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Post# 19097777
ONE OF THE BEST GOLD EXPLORATION VALUES
ONE OF THE BEST GOLD EXPLORATION VALUESOTIS has an existing gold resource of 0.7 million ounces with STRONG POTENTIAL FOR EXPANSION-KILGORE MINE RIDGE deposit growing to 1.0 million ounces in NEAR TERM (and remains open -ended )with multi-million ounce potential at PROSPECT RIDGE AND GOLD RIDGE.
OTIS has a great technical team-made up of core ECHO BAY MINES US EXPLORATION TEAM
OTIS has successfully drilled 51 holes with 46 intersecting gold mineralization
OTIS has a solid share structure-42 million shares issued (55.0 million fully diluted)
OTIS IS EXTREMEELY ATTRACTIVE COMPARED TO ITS PEERS-ITS TRADING AT APPROXIMATELY $21/an ounce of total resources Au vs. market average of $125/ounce Au(CANACORD JUNIOR MINING WEEKLY, SEPTEMBER 13 2011
DO YOUR OWN DUE DILIGENCE
HERB