I believe OAR offers an amazing buying opportunity.
I've fallen in love with bagging hunting and I only invest in stocks that have the potential to 20-30 bags.
They don't always get there but, that's the treasure hunt we are all in.
With my top down approach. I look at the sector. Throw every stock on a spreadsheet and just plow throw all the data. Read every ASX release, report. Google, Once the list is smaller…speak to management if needed, investors etc. Then check out everything the directors and management every did, good or bad.
If little Bobby pushed Cindy off the swing when he was 5…I want to know about it.
Oakdale Resources has some interesting assets/projects that I don't think the market fully understands.
First off...as it's a shell, it VERY high RISK.
(I'd literally written-off my money I've put into it.)
It's RISK/REWARD is very, VERY high though.
If the company can execute on 1 if not all 3 projects.
The reward will be VERY high IMO.
Why I like OAR?
Each project itself...if that was all that OAR had would be worth many bags IMO.
So to find this thing at THIS price with 3...even if 2 fail. I believe, I'll do well.
Also...IMO, I believe it's very undervalued.
So much so that if this things MC was 5-7M...I'd be in.
I'm been an admirer of the Carlin Tread area for about 8 years since I read about it in Barrick's/Newmount holdings. They have been trying to do a merger deal on their holding for years. They pulled it off last year.
It makes the super pit look like a thrift shop. The area is PACKED with ten's of millions of ozs.
The thing is...it's microscope gold. The area was drilled over and over but, someone decided to look at the tiny gold.
1 gold hit sets OAR off.
I will be sharing a lot more of my research on the Carlin Tread.
I've been speaking to a lot of Australian investors and not many are aware of the Carlin Tread.
For any company to be prospecting in the area is big...if they find something.
It will be special!
I think once the market understand and EVEN KNOWS that a ASX spec is prospecting there..the SP will be held in better light.
It's a Gold lixiviation plant.
according to CSIRO...these things go for 30M new.
I'm thinking they'd make some income off local miners or flip it down the road for a few bucks?
3.
It's got a Halloysite/ ADN play.
(Eyre Peninsula area in SA)
It's got a massive lease (100%) right next to MT. Hope. Not 20-30kms away, it borders it.
There's good nearogly and bad...this is good IMO.
If one believes in ADN success and I do...I believe ADN will have a MC in the 300-500M range in 1-2 years.
OAR local won't go un-noticed from the market much longer.
*all of ADNs drilling at Mt.Hope only helps the OAR SP over the next 12+ months.
*Positives:
-It's a very cheap shell but, with a couple different assets/projects.
Not many shells have 1 decent asset, this has 2-3+
-Not many ADN SHs know about the ADN/Hollysite connection.
-I'd assume some money would follow holloysite money flows into OAR...this itself could be good for OAR.
-Not many Australian investors know about the size of the Carlin Gold Trend.
-The last AR shows the top20 with over 51% (that's 5 months old)
I'm a big fan of the top20 being 50-70%+
My research shows these companies are the one with 20+baggers.
(simply put, there's NO supply to BUY. Up she goes.)
add to the fact that 50k amost buys you 5% of the company...
if X amount can get into sticky hands? Supply will be crazy tight.
-Company is "currently" drilling and news could pop this anytime.
-I'm surprised by the MC of many ASX gold specs...many in the 20-30M range. Yet with poor ground and history.
I'll be doing COMPS of some of them in the future.
-The TOP 20 has some very successful investors with great track records of getting in VERY early and pulling off 30,40 baggers! FOLLOW the SMART money.
-I heard the company invited some investors to Nevada last year to look at the project and they saw good gold geology on the land.
This is hearsay though and they aren't GEO's.
-As a gold play, it's somewhat defensive if the market goes bad.
Gold will be the only safe place IMO.
*Negatives:
-Chairmen is Christopher Gale (LRS's ED) . LRS screwed up the Li, lost ASX retail a lot.
I think they may bring someone else in (gold guy) or Gale is replaced?
I and others would support this.
-550M S/O and 140M options at a .004 strike price.Exp in Dec 2021. -Will need a CR soon as cash low.
-They had a lease around the Peru plant but, didn't find anything.
Upside...
ADN's success and it's SP going up will be important for OAR in the next 6-12 months.
I don't agree but, so many ASX investors like the sub 10M MC near to a big bagger.
(many get upset they didn't get in earlier on the BIG stock so the try and find similar stocks.)
If ADN pops, and I believe it will...this should follow.
With it's extreme low MC...it could get interesting with any Mt.Hope news this year.
I just can't see any gold shells on the ASX with these many things going for it and the upside.
I've looked.
I've found some interesting research and will be updating everyone to it in the coming weeks/months.
Might surprise a few.
This is a MAJOR...DYOR!!
IMO
DYOR!!
DISCLOSURE:
I'M A INVESTOR AND MAY SELL AT ANY TIME, MY RESEARCH IS ONLY A STEPPING STONE FOR YOUR OWN DD.
I currently have a holding in OAR.
OAR Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
