Post by
Jessyoz on Jan 14, 2021 12:10pm
Opportunity cost
I will probably get crucified by some of you guys, but although Wares is one of the best geologists in the world, I just don’t think he has it to run a company on his own. His role wasn’t the commander in chief in Arizona and Malartic, it was Richard Warke, Sean Roosen, and Burzinski who were running the show. By adding a geologist like Wares to these guys, you ended up with a killer team. It’s the first time that Wares is in charge of everything and I don’t think his strategies and his choices of executives are the best. Everybody makes mistakes but you have to correct them over time, which is not the case here after close to 4 years. The best thing that could happen for OM is a merger with a company that has top executives. If this doesn’t happen and no changes are made, I think this stock will remain at these levels for a long time. With the current market, our opportunity cost is huge.
Comment by
BigGoldleaf2400 on Jan 14, 2021 3:25pm
Wouldn't acquiring a new project require another PP causing further share dilution. I can't see how they would do that with such a low share price, unless a new project will only cost a couple of million.
Comment by
glory7 on Jan 14, 2021 4:00pm
The more I read the more you sound like sitting ducks? Donate your money don`t burn it.
Comment by
STOCKISCOLD on Jan 14, 2021 6:05pm
No idea man, they said they were working on copper acquisiton during the call. I won't move until i get more info maybe put a 3-6 month target it's not like i have a lot here anyway i'm not going to die if it does not move it's ok.
Comment by
beyondhelp69 on Jan 15, 2021 3:27pm
Tick Tick Tick….Did you know: Every 3 seconds another child dies in Africa of starvation due to poverty and lack of sponsorship dollars. It could be worse: . . . What have you done for others lately?