I have always liked OZM and they reminded me a lot of CMO. In...

I have always liked OZM and they reminded me a lot of CMO. In December OZM had 160m shares at around $0.025 - $0.03 and so a market cap somewhat similar to CMO and with very little cash before raising $1m in January and now 197m SOI. (Coincidently they also have their own AP in charge).

This morning, they announced some great results (from surface mind you) at North Mulgabbie and ran from $0.03 to $0.08. They are 50km from us, its not next door but adds a bit of excitement to the area and shows what a discovery can do to a low cap stock.

A lot comes down to management though and I do hope that CMO management can hold it together. I would like to see them put some of their own money into the company and start to take a real interest.

see announcement: 06f3sqkgjbdjzw.pdf

Here's a map. You will see Kanowna Belle about 50km South-West of Mulgabbie. As I say not close enough to benefit from nearology but just helps to highlight the potential of that region.