Not sure how it came across but I think it’s a great strategic acquisition. The goal posts reference is specifically targeted at the resource side. I would be disappointed to see the focus on drilling move away from C to S.
I am also bullish on the long-term silver assets of the company. Speculation in Silver has increased from 5% of the market to 35% of the market over the last 5 or so years and growing. This creates competition with its historic use as an industrial metal, which in turn also creates a natural floor price that gold lacks without any significant industrial use. I can't remember the exact figures from the top of my head but one of the most surprising statistics is that there are more ounces of gold in circulation globally than silver.
DYOR
OGX Price at posting:
9.5¢ Sentiment: LT Buy Disclosure: Held