re: Ann: Safia Propsect - 6km Long Gold-In-So...
I think a takeover is now a definite possibility.
There are a number of substantial coys operating sucessfully in Africa who are relaxed about the political risk who must have OBS on their radar. Tenstar has been accumulating.
OBS is doing everything right. They have a good cash position. There are so many targets to firm up I think they could get to 3Mill ozs plus of res within 2 years.
OBS Price at posting:
26.5¢ Sentiment: LT Buy Disclosure: Held