I think this was a short squeeze (or head fake). At $50m MC this...

I think this was a short squeeze (or head fake).

At $50m MC this is a high valuation for an exploration stock with no resource.

I don't doubt it will be great LT with the calibre of management and quality of neighbours of the tenements.

But I can buy companies on the ASX with proven management and near status reserves of +1 m ozs on the ASX at $100m - $150m eg. CMM, EMR, CDV or GCY. Deposits that are still open. Companies that are near term producers but with traders that lost patience.

I'm not saying OKU is overvalued - everything is relative.

I could of easily sold 900k shares today to invest in alternative opportunities (sell on good news, or the promise), given the alternatives.

Ps - it wasn't me and I wish the co. all the success.