Fundamentals of OVR is good and i await to analyse the pending...

Fundamentals of OVR is good and i await to analyse the pending resource upgrade this quarter.

I believe that there are too many push indicators this year to keep it at its current market cap of 37 million and low share price. Unbelievable when one observes other juniors with no resource base and just rock/chip sampling results having market caps above 50 million.

This quarter
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;Darcy deposit Metallurgy results
;JORC Resource Upgrade of the Yukon Project
;Finalise Mine Design and Schedule

Next quarter
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;Finalising road design for Yukon deposits/mine
;Commencing consultation programme

and then another BIG two quarters of
-------------------------------
;Commencing PRODUCTION DRILLING
;Finalising the Bankable Feasibility Study
;Exploring new resources and satellite deposits

Hope the management sets the stage for the next few months well with an announcement of a new resource upgrade. It should be an exciting but volatile 2011. From yesterday's move, it looks like some investors did their homework and that things are just starting to pick up slowly.

Nice healthy consolidation before the next uptrend, in my opinion. Buyers building and Sellers are drying up...

http://cb.iguana2.com/netwealth2/depth/ovr