I was ahead by one year...See below what I posted one year ago.
I believed for Oasis it was time to move on to something else one year ago. And I still believe so.
It is interesting to note that Mr Gosselin's views are now perfectly aligned with mine... but one year later (he should read Stockhouse more often
):
SUBJECT: Time to move on!!!!! Posted By: mart2
Post Time: 11/26/03 00:02
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Yes, hax, Oasis owns 450,000 shares of DiaBras, for a total value of close to $1 million ($0.013/share).
However, when I look at DiaBras, the first thing that I note is that DiaBras is focusing on their new properties in Mexico (Precious Metals). They obviously took some distance from their diamond properties in Canada.
And this is how they have been able to create value for their shareholders...
Their stock price was at $0.09 six months ago. It is now trading at $2.00 as a result of their new strategy.
(I will try to dig more to see if I can get additional infirmation on DiaBras and their actual plans with the Magpie and Macaskill Properties - I know they committed themselves for $5M for a 50% ownership, but how much are they still intending to spend?)
With all the interest for the mining sector, and the increasing price of gold, maybe it is time for Oasis to move on to something else and prove once and for all they are able to deliver.
With all the experience these guys have (I suggest you take a look at their annual notice, see how much experience these guys have), I'm sure they are able to do it.
They have over $1.5 million marketable securities (DIB, MKR, ADD and GXM). They can obviously acquire new properties with these proceeds and begin the work.
Come on CSI, show us your results.
If you don't have the goods, let us know. That will be your chance to reevaluate your strategy.
If you have the goods, let us know!!!!!! I'll be the first to congratulate you.
Time to move on!!!!!
Comments welcome.
Mart