RE:RE:RE:RE:RE:RE:RE:New drill results will make a differenceI think even if the copper price stays depressed in the short-term, registration should spark new buying and bring the stock price back up to around previous highs. That would allow OCO to raise funds for drilling at around 50 cents instead of current prices. Positive results would then lead to a further increased price helping limit dilution on the next round of drilling and so on.
Of course a hot copper market makes raising money easier & cheaper. But with a world class asset and a strong finance team, even with current prices OCO can spark enough interest to keep share # reasonable as they increase asset ownership % and redifine/expand the resouce.
Would also like to see them take a strategic partner and could think of a few who may be interested, and that may come to light after registration. From my experience even when commodity prices are low and m&a isn't super hot, majors will still partner or take minority positions in promising projects especially for commodities they're bullish about long-term (like copper) so they already have a foot in the door when markets turn.