Its not high relative to where they are, Who is buying the stock, their cash, aggressive drilling program and their recent and ongoing drill results. OKU might well end up having several deposits and Resolute own and operate a mine near by. If OKU make a large discovery, it makes sense that RSG might step up and clean this out for the ground and mill feed.
MSR may look better in some regards, but OKU is very well advanced in the exploration stage with some good company joining in the party. The stock price will move around, but decent results will completely change the stock over night imo.
The price is clearly also moving into a big drilling phase. dyor
OKU Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held