For disclosure purposes, i have held and accumulated Ontex for the better part of 18 years. The management is slow as molasses which is an irritant; however, they have the goods.
Simple math of proven reserves in ounces times the price of gold divided by the outstanding float and applying a modest net recovery value makes this an obvious buy at these price.
Soooo....
Today I added 50,000 shares at .29!
I offer a quiet thanks to those with weak and/or impatient hands.
Let's see what this is worth when the drilling results come in. ;)
Cheers to all,
crazydik