As I said before, I believed the OXR share price would be closer to 40 than 30 by options expiry. Now with their latest announcement re further high grade gold intercepts and assuming we get an indication of a significant copper upgrade soon, I'm betting that 48 cents will trade before options expire.
The charts are showing this point as a potential target which is achievable. It all sounds like sepon will end up being one of the best, if not, the best mineral discovery in the world. Owen Hegarty's dream of a US$1 billion market cap may just come true in years to come.
Its a long term proposition which should provide excellent returns from these levels, although not without significant risks.
skippa
OXR Price at posting:
0.0¢ Sentiment: None Disclosure: Held
