Ebear just a little D&D tells me OSK is a way better deal than GUY! also I'm looking at TDC to do the same comparison. Don't forget cash balances, ounces proven or indicated etc. Sorry I know, Ill shut up. Osk has three times the resource almost all proven but three times the shares. 160 million in the bank, here's my kicker the guy ordered all the mining equipment already, some of that stuff has a two year waiting list. This was just smart thinking, I like it. Stock price 3.83 cheaper. Well Okay how about its in Canada where they give you money back to drill. DB
This is a much larger operation than GUY and thus a bit hard to compare. I see the market's giving them $83/oz, which is higher than GUY, but makes sense when you consider it's in Quebec. Have you done an estimate on the cost to mine? Seems to me rising fuel costs would be a major factor here. Labor is more expensive too. You also have to allow for the Canadian dollar, since gold is priced in US dollars. Any rise in the US/CAN crossrate without an accompanying rise in the gold price hurts the bottom line.
Chartwise, it's filled the gap back at Dec 06, and it looks like it wants to base here. A couple more tests of 3.75ish and it could get interesting. Any options on this one? $4 Dec calls might be the better play. If they run, you can cash out, then buy the stock at expiration when the MM's hammer it down...LOL!
All just my opinion here. I really know a lot less that I let on...heh.
ebear