In all seriusness.....gold hit $2075! The reality of OSK is its a great opportunity, a near producer. But I do subscribe to the Rick Rule, rule #17 when you sell make sure your selling for a good reason. My reason was to get into AUG in a large position,
for the "own one get three". Now its announced, they are acquiring Eau Claire in PQ from Eastmain and getting a former Exec from OSK and AEM to now be the new CEO of Fury or AUG - Canada. But I hold my core a fast review of OSK says why…
1) A near producer
2) 50% of their market cap is in cash and another 200M in marketable securities and some where in a vault they have ten - 10 lbs blocks of poured gold @ $2070 whats that worth?
3) Over 350 employees on and under ground, therefore its real, and thank you for your service …
4) Best jurisdiction in Canada
5) A management team thats done this before
6) A global economic blow out coming ( don’t know if I would own bank stocks for the next 5 years ) trouble looming
I doubt any one, think about this relative to where OSK is on that Lassonde Mining Investment chart…any one that owns 35,000,000 shares is NOT i’ll informed about “whats going on”, and why would you sell that position unless there was a real reason none of these funds needs $136,000,00 if they bought OSK for what they are and who they are…this went to someone BIG!
These things may take a week or two to play out….but they always do….rumour turns into fact at this level….
J 103 As for MLD ( mustluvdogs) if you poke the bear, the horns will come out, but Im not interested in poking anyone this is a great board, lets keep it this way, and don't be telling me I am whacked out, when I know I am, please allow me my own privilege, you don’t live with my wife, so be grateful, why do you think I fly fish!
I talk to my best friend...."a river runs through it"
Gold is king and when these markets start to collapse and they will, you’ll be glad you are in your Au and soon Ag positions...
On that front, look at AUG Curibaya, Ive had three independent Geo’s look at their early numbers, they are “WORLD CLASS” & Ross Beatty already has a double from $1.60, smart sharpe guy...he vets his own deals
NO SHLITZ