Al talks to Craig Lindsay, President of Otis Gold, about the major upswing in the price of the shares
Click download link to listen on this device: Download Show
I’m not sure this will post, so apologies if it comes a mess….
Profile for Otis Gold Corp. (OOO:CA)
$ 0.16 0.015 (+10.34%) Volume: 327.87 k 3:49 PM EDT Sep 28, 2012
Business Description:
Otis Gold Corp is a mineral exploration company. The Company explores for gold at projects located in southern Idaho.
Address: 880 – 609 Granville Street, PO Box 10321, Pacific Centre, Vancouver, BC, CA, V7Y 1G5
Telephone: (604) 683-2507 Website: http://www.otisgold.com
Facsimile: (604) 683-7589 Email: info@otisgold.com
Details
CEO: Mr. Craig Lindsay
Employees: N/A Market Cap: 8.04 m
The point I wanted to make is: up over 10% with good volume and the company has a market cap of $8 million.
If it only has 500,000 of mineable ounces, that is $16 an oz in the ground. Some of the M & A recently has taken place up close to $100 per oz in the ground.
I, CFS, have owned shares in it for over a year, so this is not un-biased investment advice to anyone. Having made positive comments, let me add one negative comment: As it stands at the moment, the combination of less than one million ounces and lowish grade does not make it mineable or a take-over target, yet.
In spite of your comments, which do make sense on the surface, I have no intention of selling any of our shares. I believe (NOT INVESTMENT ADVICE) that the best is yet to come.
Big Al
So will be the same for PEM. I have done very extensive DD on the Orogrande geology and conclude there is no other JR out there that is as target rich as PEM.The shares of PEM no where near reflect the massive gold endowment on PEMs ground.In time Del will be known as one of the greatest gold explorers of all time.
James
James F, I certainly hope that you are correct!
Big Al
Another of Big Al’s companies was up today:
Profile for Premium Exploration Inc. (PEM:CA)
$ 0.085 0.015 (+21.43%) Volume: 766.88 k 3:56 PM EDT Sep 28, 2012
Business Description:
Premium Exploration, Inc. explores for gold and other precious metals in the Orogrande Shear Zone gold district in central Idaho, the Chrome Mountain project in Montana, and the San Pedro Analco property in Jalisco, Mexico.
Address: 475 Howe Street, Suite 807, Vancouver, BC, CA, V6C 2B3
Telephone: (604) 682-0243 Website: http://www.premiumexploration.com
Facsimile: (604) 682-2499 Email: info@premiumexploration.com
Details
CEO: Mr. Del Steiner
Employees: N/A Market Cap: 12.17 m
I also own shares in this one (A loser for me so far)
Yes it was, cfs.
Hopefully it will come back substantially further!
Big Al
Here is a short video on ETFs which I think is worth watching:
It is a warning about GLD, but equally applies to most ETFs.
Third try:
http://youtu.be/l36wa9fZEZk
The point of the video on ETFs is that sometimes the ETFs hold shares or commodities, sometimes they hold derivatives.
If you are going to invest YOU MUST KNOW what you are buying, because when the derivatives system blows up many derivatives may be worth nothing, since they are not printed on paper they won’t even be worth the paper they are not written on, Celente says about digital dollars.
All I can say is OOO .V, of course.
It is nice to see insiders begin buying again……
Sep 21/12 Sep 21/12 Eyolfson, Norman Direct Ownership Common Shares 10 – Acquisition in the public market 35,000 $0.105
May 3/12 May 3/12 Lindsay, Craig Thomas Direct Ownership Common Shares 10 – Acquisition in the public market 19,500 $0.135
May 1/12 May 1/12 Lindsay, Craig Thomas Direct Ownership Common Shares 10 – Acquisition in the public market 10,000 $0.155
May 1/12 May 1/12 Lindsay, Craig Thomas Direct Ownership Common Shares 10 – Acquisition in the public market 30,000 $0.145
Apr 27/12 Apr 27/12 Lindsay, Craig Thomas Direct Ownership Common Shares 16 – Acquisition under a prospectus exemption 25,000 $0.200
Apr 27/12 Apr 17/12 Lindsay, Craig Thomas Direct Ownership Common Shares 10 – Acquisition in the public market 30,000 $0.170
Mar 30/12 Mar 22/12 Mitchell, Sean Direct Ownership Warrants 16 – Acquisition under a prospectus exemption 50,000 $0.200
Mar 30/12 Mar 22/12 Mitchell, Sean Direct Ownership Common Shares 16 – Acquisition under a prospectus exemption 100,000 $0.200
Apr 27/12 Nov 28