The announcements recently made by management are hopefully in advance of good drilling results . These results are presumably being tested and confirmed before being released. In particular we are hoping those from Bau(Malaysia) will be really positive and encouraging. Especially after the company's ownership at Bau is increasing to 93.5%. The management surely must be aware of the drilling results to have increased the ownership from 50.5% to 93.5% , I conclude.? The recent surge in gold price will,hopefully, also increase attention to the value of the company with the three active mine projects at Bong Mieu (producing); Phuoc Son( mine to be commissioned in Jan/Feb 2011 and currently producing gold from ore trucked to Bong Mieu); and these drilling results from Bau. Maybe there might be some other drilling results reported ?
OYM Price at posting:
50.0¢ Sentiment: LT Buy Disclosure: Held
