I re listened to Beaver Creek podcast! JB was clear then and now, as Ive had a chance to chat with him, N! 43 101 they anticipate Q4 2019
Feasibility, Q2 2020! NOT 2021 ......
Financials are a mute-point,
They are a developer not a producer. curious, those that think financials matter, what are you looking for?
Review of Au mining 101, Exploration, Developer, Production, lets not move the needle to far to fast!
The earlier comment about “ should we worry about this”? Well, lets start with the picture first, it was a diamond, that should have been your first clue not to dismiss it all together, I found it to read like a 1973 Archie comic book, uneducated and very little value, I would have been embarrassed to have penned that. Case in point OR & $1 B dollars, there will neever be an issue surronding money, ever!!
When you talk to JB at OSK, your talking to OR, insight my friends, insight!
If for no other reason as this, two weeks ago, while in NYC, John in his own words made if clear ( I still think it was a negotiation position and posture ) when he commented openly that OR has $1B in cash and they are going to put it into production vs considering a take over from the likes of KL let alone any one else, go back and re listen, please.
There is no point speculating on a price per share, but it will not be $3.00 and doubtful it will be $5, there is so much upside to the property that they have not explored and to date we are all just focusing on Windfall, this company is far more than this. What is opportunity cost worth ? This is truly a C R A P shot, think about this in the simplest of terms.
If its KL and they have been open and public, they want to consolidate the play area, have a deep interest in the property next door, BTR with 2M oz of Au and close to $1B in the bank! 33 million shares of OSK!
If its AEM, they bought Malartic from these guys, and as a result of OSK’s team discovery of such, and today have Canadas larges producing gold mine, next door ( close enough ), $1B cash in the bank and to date, no visible share ownership of OSK, yet!, perhaps third party purchases, similar to what OSK did to BFD…..something to chew on……
If its OR, well they are the existing management team, for OR, OM ( halted today pending news ), OSK & and now O III ( moose pasture city, but its coming down to a nicer price ) and 45 M shares OSK!
This is not a horse race, its just a race! If OR decides to put this into production vs take offers perhaps its because they are infatuated with what they see when they look at the 5 year KL Chart....
Now, whats this really worth? Charts say this is going higher, we have to wait to see on the 15th how many shorts got covered today….. and yes some one commented about DD#1, totally correct the expenditure to date was beyond worth it, if they find the palm of the fingers, this will rock, to an all new high, and just think if gold were running today from $1550 vs $1454 ! Just a summation on my part
Mad Fart'r, it matters not when and if I post and it matters not if Au is $1450 or $1550, these guys have a significant following in both Canada and the USA, dont be surprised if this pops well over $3 at the open, as the EU shorters try and figure this out, the shorts have been caught, bet on it, oh the other thing that seems to be missed or forgotten, here in the mix, they still have 22 rigs turning, unprecedented …know of any other companies with that many turning?
J 103 Please post for all to read, were going higher and you cant stop that!