The company put out a PR last Monday that progress was being made on the G. It is now a week later and only reasonable to believe silver should be coming up. I don't expect progress updates every week, but the company has now set an expectation if silvercrscivery with last weeks PR. People are trading based on this optimistic Pr. To stay quiet if little to no silver is being recovered is very questionable from a REG FD disclosure requirement. I believe silence out of OMEX is positive for thus reason. Of course a positive Pr would be wonderful but might be a bit premature.
Look for the move toward 4 this week barring unforeseen negative news on G.
I don't know if there's an official agreement per se, but it would make sense to do this for security purposes alone. Also,do you really count those ingots until they hit land? ;)
Also need to keep in mind that a trip to port might not necessarily mean they're transporting silver. Might just be a mandated crew change. Though last year it was for both. Naturally, we're all hoping for a repeat!
Yep, I do love my 300% (on my overall cost basis) plus divies!! I accumulated over an 8 year period using the same rules of buying on the dips (and did so all the way down). Sure wish I had doubled down back there at $4. I came very close to getting out during that period when they stopped the dividends. Sold off 100 shares in 09 and another 100 in 2012 (couch resupply LOL) and about 25% of the remainder a couple of weeks ago. Still sitting on a lot of profit.
I'm looking to make somewhere around 700 to 1000% on my OMEX! LOL