Post by
rborhi on Jul 10, 2020 6:15pm
Options
1.1 million options issued a month ago to directors at 8 cents not looking so juicy now.
Makes me think this pullback isn't designed or intended by management, otherwise why issue options that they knew would be out of the money so soon?
I am sure there are some investors tired of having money tied up in OTSO while watching the big gains in other gold juniors that have been flying recently.
Just need to show some progress in drilling or start up to get back on track. Other companies producing 100,000 oz Au per year or close to that are trading in the hundreds of millions $$$.
Comment by
triple3 on Jul 10, 2020 9:54pm
Yes i see money being pulled from positions that are not moving and being deployed elsewhere....Management and capital providers wan't to see success with this mine as do investors...lets see what the update next week brings