Its a bot accumulating. Due to the lack of volume in all stocks today for obvious reasons [i.e. the holiday season], volatility is apparent.
OVR is set quite nicely for 2011. The management have tons of work and news to release and this should be a trigger for another move upwards. The grapevine indicates that Hugh Bresser had moved to BC, but i will confirm this bit of news and let you guys know [with the management's permission of course]. I do not think this is material but it is just nice to know that their projects are getting serious...if the above is proved accurate.
Since the 2010 prediction had materialised and OVR had completed most of its goals, i foresee another rerate to happen in 2011. This is, of course, if the deposits are shown to be economical. In my opinion, there is a good chance of this happening as their assets are already land banked.
We as shareholders will need to keep the management on their toes along the way.
Happy Holidays all!
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