Hi Pol,
The run up is unexplained at this point in time.
If you've done your DD on OTMN, you'll notice that they own 16?% of Namex, NME or NMEPF on US.
Namex, with recent drilling and ground work, has apparently identified the Whistle Offset Dike on one of their Sudbury properties. Could be part of the movement, and recent publicity exposing the OTMN to more of the investing public could be another factor.
OTMN is drilling, but analysis results will probably take about 8 weeks for the first hole, due to backlog in the industry...a lot of drilling ongoing these days in the world.
I'm in it for the long haul, so have seen many ups and downs.
I usually pick up some more on larger pullbacks. (>50%)
The overall metals markets have had an impact over the last 11 years, no doubt about it.
Obviously, the metals markets have been much more positive the last two years.
Keep your eyes on the web sites for further news.
www.otmining.com which also has a link to Namex.
I don't follow Jason, but would expect that he'll keep you updated as events unfold.
Call the company, 514-935-2445, Hess takes calls.
Best,
Savant |
