Timmins & Beardmore - Northern Ontario

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Message: Re: copper price / Onoman / SGX share price
2
Jun 01, 2009 11:59AM
4
Jun 01, 2009 12:36PM
1
Jun 01, 2009 12:39PM

Onoman IMO is a wild card right now. They dont have enough cash to get it going and drill jacobbus E ... and they would be completely blasted if they dropped the GE and decided to put Onoman into production.

Several things have to happen first with copper prices among them but more importantly a better market environment for juniors (copper explorers are not getting much attention right now).

More cash ... They will need to raise more money to start producing at Onoman so drill the GE is the best thing to do right now.

I think the main reason Sage has not increase in value is that A) they are still consider a junior kodiak ... look at KXL SP and B) They have no drill results on the GE. I personally don;t think ANY value is being given for Onoman right now so there is some upside down the road (way down the road).

4
Jun 02, 2009 05:27AM
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