But i do recall seeing the price in the $0.40's about 5 or 6 years ago. At that time they were operating Paraburdoo Gold Project & producing good cash flows. Cold comfort for those who bought at those prices & still holding.
Oilsearch was listed & exploring in Papua / New Guinea for 21 years before they hit the big time. I remember reading an article on the company after it hit the mother load. It still had some of the original share holders that had patiently waited all those years.
I agree i think that sort of timeframe goes well beyond patience. One would have to say that stubborness or stupidity would be better words.
Anyway IMO they now have all their ducks in a row & have the best chance of making the big time in their 23 year history.
If the next 6 months turns out to be just more of the past then this little black duck will be looking for another pond in which to swim !
SRI Price at posting:
12.5¢ Sentiment: ST Buy Disclosure: Held
