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Gold/Mining/Energy : Canadian Microcaps

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To: Ciao who wrote (783)9/23/2013 9:53:14 PM
From: Gulo   of 817
 
OML has been a pseudo value for 15 years. Has anything changed? I remember being in OML about 10 years ago at about the price it is now (and a much better PE). It did climb to 2+ after I sold it, so I can't claim to understand this company. If it actually had some competitive advantage, though, it should have grown in the last decade or two. Instead it just drifts from .6 to $2 and back. What gives? Does management simply not want to expand? Why stay public?

BTW, nice to be back.

I'm holding SBM and EW as my Canadian microcap speculations.

-g
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