Depth would suggest that there many lined up to buy, just not at the current ask .
Why would you suggest they are wanting to buy an insolvent company.
And on the flip side of the coin why is there no great stampede for the exits.
If things are as bad as some would have us believe then the company should be putting all of their resources into mining only whilst ceasing and desisting farther exploration work .
That would surely be the most prudent course of action.
Questions need to be answered.
Undoubtedly the company has been affected by circumstances beyond their control .
But prudent management would be on top of any developments at the first hint of trouble.
There will be people who will sell for sure and they may cause panic to ensue.
I would be interested in the take of SJB,he likely has a much better handle on the situation than the rest of us.
Lets hope he finds the time to post
OGX Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
