re re the crazy sellerEvents out there seems to be changing, if you watched cbj and rog, they both took off to the moon, and most likely will continue, my point is that there is tons of money out there just waiting for events to explode.
now in the otis story, the market has been promised a new 43-101 for awhile now, as you know they are also waiting for a $hit load of holes to be reported.
also the fact that they discovered great mineralization in a new zone, so far did not light up the market,
the fact that all of the above will come together, and the market just may get a wake-up that otis is on the right track proving up a great new resource, that can be easily mined at a cheap price like $500 gram per ton everything included, guys gold is above $1700, with abundant electricity, all roads in , easy permits from a freindly mining state in the USA, top notch management who hate spending company money foolishly, otis is getting ready to reveal its worth.
also there are no warrents in the money!
and they have cash in the bank
and most of the shares are held by institusions.
otis"s problem all along has been promotion to the the retail, they now are doing this!
so recognizing all of the facts above , one must give their head a shake and think, is OTIS a buy in this range?
I will NOT tell you to buy, hold or sell, but you MUST
do your own due diligence
and have a nice weekend
i own a position in OTIS Gold
herb