When a company transitions from exploration/development into actual production, that is when prices go up the most. We have a new advertiser, Olympus Pacific Minerals, who went into production in Vietnam on December 8th.
Barbara - who occasionally homes in on a gold company that is still below the radar - looked over every inch of their website and was totally intrigued and impressed by the way Olympus had built their superduper modern gold plant in Vietnam (on budget and on schedule), and sprang for 30,000 shares, dead cheap, the very next day. And she was the only trade.
Look at the chart of the last year. The stock was 20% higher a year ago, than it was when they made their Dec 8th announcement, and a year ago there was more risk. Opportunity doesn't come along like this all that often.
I'll be going over to visit them in Vietnam, probably in February, as soon as we can find a ticket that doesn't cost an arm and a leg, and a flight that doesn't involve 115 flight stopovers.
It will be the first time I've been back since 1970, and my body isn't as young and fit as it was then. But obviously I am looking forward to the trip immensely.
As always, we want to remind investors they are responsible for their own investment decisions. As mentioned above, Barb owns shares, so we are biased. But we are not paid to produce this piece and they are a new advertiser.