re geezer "why is ote not spiking?"If assume 10/100 wells...

re geezer "why is ote not spiking?"

If assume 10/100 wells successful

if successful then 3/10 poor, 6/10 mean, 1/10 excellent

Since avalanche is the only upside in foreseeable future (and possibly without further dilution) and maybe no more drilling at the lake this year,
a failure here would probably see ote back to a market cap of $2m

So put $1000 on ote in 100 parallel universes = $100,000

in 90 you lose 80% = .2x$90,000 = $18,000
in 3 you make 3-fold = $9,000
in 6 you make 15-fold = $90,000
in 1 you make 30-fold = $30,000

so your $100,000 has become $147,000

So on average you would expect to make 50% on ote but still a 90% chance on losing your shirt on a one of universe

as Fisherwoman says - a speculative play, don't put the house on it
but then again I love the 1cent specs and OTE seems to be getting better plays

Cheers
Rumot