OYM 0.00% 18.5¢ olympus pacific minerals inc

What am I missing here???OYM have gold mines in production and...

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    What am I missing here???

    OYM have gold mines in production and currently producing 40,000 ounces a year but soon to be updated to 85,000 ounces of gold. Gold at almost $1300 an ounce.

    Market cap around $57 million.

    So when you x $1300 by 85,000 for a year you get a large sum of money. They are saying $450 per ounce production cost once the new mine in brought online.

    Still get a large $850 per ounce, give or take.

    Anyway all these companies are getting pumped but not producing anything and you have some companies that are and then some but no interest.

    Drilling results can't be far off and hopefully a resource upgrade. OYM plan to lift production again next year.

    I hold shares in this little co and can't give myself a reason to sell because they look very under valued to me.

 
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Currently unlisted public company.

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