OTCPK:OSNDF - Post by User
Post by
jumpforjoyon Apr 04, 2005 9:00am
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Post# 8855462
I'n in this company for the
I'n in this company for the long term. It appears that it's like money in the bank except it will grow at a higher margin over the next 5 years. How much of a return on a GIC will you get over the next 5 years? Average about 5% at the very most if you renew annually. In less than 5 years this will be trading much higher than $ 3.00, but let's use $ 3.00 as our exit point. That's just less than 40% growth and divide that by 5 years, your average is approx. 8%. Still better than a GIC and there is still that possibility this thing could be more than double the $ 3.00 per share price that I used for the equation. Furthermore, it won't take 5 years for this company to be trading at more than $ 3.00. It will be a lot quicker than that....to many positives to keep this company trading at these prices.