We are going to see share prices in the 40 cps ranges easily in 2011 in my opinion. The market will soon realize and do the numbers for OVR's deposits. Their new NPVs are definitely going to be higher than 250 million when their mine gets permitted. Current market cap of 40 million is minuscule by comparison when taking into account that they will be permitting the mine at the end of this year and possibly start operating in late 2012.
OVR is being valued as an explorer that has not made a discovery in my opinion...in actual fact, it has two open cut, high grade, near surface deposits assessed and is moving to bankable studies and mine design!
Buyers are quietly accumulating at 27.5cps at the moment....upside in the next 2-3 months should be interesting to watch.
uptrend nicely intact, page-73
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Change
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Mkt cap ! $12.80M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $26.66K | 2.666M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1514800 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1434930 | 4 |
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