Cant get much better then this..... At 1.1 cents a EV of 3.86...

Cant get much better then this.....


At 1.1 cents a EV of 3.86 million (standard shell awaiting asset valuation) for this you get the following:

1. Total of $1.5 million in cash ready for months of value add activity for the first time in several years.

2. $0 valuation on the Yukon asset with value write downs evident for several years (now bottom) and a reversal on that asset that if floated today would command $20 million at least prior to desktop and when this desktop comes out and proves the economics obviously the ramifications on this companies valuation will be nothing short of bonkers pardon the pun. I honestly don't know where this will leave our valuation and will rather let the market do its thing. Based on other zinc plays and valuation of similar assets geographically surrounding it there is reason to believe $50 million or over is not out of the question pre mining commitment. Then you add 4 targets that are ready and will almost double the tonnage for little drilling its a insane opportunity here for OVR any day now.

3. $0 valuation given to the gold assets and this again if good hits are present within results this week or next it will have to value it accordingly in the companies valuation. See on the latest annc for the cobalt acquisition they mentioned exactly when the drilling stopped and specifically when they expect results. They did not have to do this instead they choose to put it in and not use the cobalt to divert attention. This to me indicates they are happy with the results and we will be back there within a few weeks increasing tonnage and grade at transfind specifically.

4. All players now set- CEO very leveraged

5. TA has one of those very powerful long term basing patterns RSI is as good as it gets.

Cheers all feel free to add but this has little downside and massive upside we will know exactly how much any day.




5.