Ongoing buying at 21c off screen. The buyer keeps chewing...

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copperroad

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14/02/17

11:37

Post #: 22594496
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Originally posted by copperroad ↑

I noticed late buying the other day above 20c, so this seller will be eaten today.
Clearly, someone big has been eating the stock on a daily basis for some time and the company is due a lot of exciting drilling results any day. I rarely see a company like this, it has almost unlimited short term upside on their lease. In other words, they could still be drilling this ground in years to come. 40,000m of drilling plus another 53 holes in the lab would suggest that this thing is on the pad. Cant beat the address and the grade is exceptional. PAR had big consistent hits up the road, but the stock price and volume action here, suggests that someone is climbing on the register or these results are going to exceed expectations (or both)
The market cap for a stock like this is silly. I can see the stock doubling quickly on further drilling confirmation. This area will produce a lot of open cut ounces this year in the drill holes imo.
How many gold explorers are cashed up, in the right area and going hard like this with a tiny market cap?
PAR attracted a $600m bid from B2Gold up the road and they had 5.3m ounces of similar grade. Why cant OKU find 5m ounces on their ground? If the market sees that OKU is on its way, the a stock is a multibagger on comparable numbers.
Check out their recent presentation and see what i mean. No brainer from here.
dyor

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Ongoing buying at 21c off screen. The buyer keeps chewing everything up that comes on the offer. Looking forward to these results and remain interested in who is buying this stock. I also noticed that OKU has some potential uranium interests, but continue to focus on the gold right now. Uranium is also cranking up.dyor

OKU Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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Ongoing buying at 21c off screen. The buyer keeps chewing...

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