OTCPK:OGFGF - Post by User
Comment by
biscuits11on Aug 21, 2018 10:48am
145 Views
Post# 28492553
RE:Great price to buy in
RE:Great price to buy inAgreed. This thing will be an obvious takeover target, assuming the FS is good (which I am assuming). To go from a PEA to an FS shows how confident mgmt is. Also considering that mgmt were the first people to cut the checks, they are likely looking for an exit to free up their capital. Given the new/recent drilling, I am expecting around 5MM oz of decently high-grade and moderately near surface. This should allow for robust economics. I wouldnt be surprised to see this thing go for $2-$3 US. My opinion only.