a 2300% sp increase like OMH had from its bottom would seem unlikely IMHO. I would be happy with a 100% sp increase over 18 months which should ocurr if they can (as pointed out on here by others) prove up enough economic to extract reserves at Francis Creek for a 6 year mine life. If as they say management is focussed now on Francis creek we should see more light at the end of the tunnel
they have all the infrastructure in place and are shipping while the iron ore prices are hot, not like the other hopefulls and the ore is of a high quality.
I only hold a very small proportion of my portfolio in this have mainly cashed up in the last few months and gone into gold and a base metal after being hurt by the zircon hopefulls AZC and MAL.
Thats jsut my opinion and I wouldnt base an investment decision on it as most of my stocks are loosers at the moment
TTY Price at posting:
55.5¢ Sentiment: None Disclosure: Held
