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ODY - Odyssey Gold

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ODY absolutely decimated today.
I still have some of these, but the way its going the parcel will become unsaleable size.
Mick
 
Was looking at them today and reread the Mar Qtrly. Think I need a hit with one of my resource specs before I get adventurous again. Long dry spell.
 
finicky said:
Was looking at them today and reread the Mar Qtrly. Think I need a hit with one of my resource specs before I get adventurous again. Long dry spell.
Click to expand...
Trying to find something positive out of this dog.
The quarterly report that @finicky mentioned says a lot about the amount of potential, but with only 2.9 mill in the banks as at the end of the quarter, they are not going to be able to do much.
There are going to be plenty more cash raisings for this one before we get something concrete like a PFS.
Thought some of the more speccy juniors like ODY might have taken off before this in the current gold run.
Does not look like it.
Mick
 
I have chosen ODY for the October comp.
Mainly cos its a an unloved small goldie that will rocket when the outside world finds out that I have chosen it.
mick
 
ODY quarterly out.
The most noticeable thing about this one is the company has admitted to having discussions with its near neighbours about processing their ore at nearby plants.
They reckon they have two years of cash left, but that can change quite quickly.
Mick


 
ODY drilling confirms the extension of the Higway zone with more good intercepts.
The zone appears to continue at depth and along the strike.
lHowever, the problem is these new ones are narrow and spaced apart.
How much dirt will be needed to be moved to get at this gold?
Mick

 
My goldie specs are down today (BC8, NXM, BMR) so at least there's that - ODY up, but on only 100,000 volume. I don't see the results as exciting but ODY shareholders are at least holding today.

Not Held
 
I have selected ODY as my entry in the March comp.
Its cheap, and this might be the month another player takes it out.
Mick
 
ODY joined the long list of junior goldies doing a cap raise after some improvements in SP.
Have to wait and see what price they come at to see if I play or not.
Mick
 
Something happening with ODY.
Price up nearly 40% over the past month.
The big thing is the volume.
Someone or something has been buying up big time.
Mick

 
@mullokintyre . I used IBKR to look back at ODY and duckduck. I found it may have something to do with the number of shares on issue and buying by the fund Collins St.

The company has 1 trillion shares on issue according to Market Index.
It issued 200m. shares on 26th June
Collins St. Asset Management became a major shareholder on 26th June having bought during the year.
So perhaps Collins St. is playing catchup on it's dilution.

Otherwise I find no reason for the increase in price.

gg
 
Must be one hell of a top up.
18 of the last 24 days have seen above average volumes, half of those more than double.
The last 604 from Collins street was june 21 where it announced that they had bought 25 mill on market between 24 of April and 20 june and they said it was to reduce dilution due to share issuance.
Prior to that the previous 604, also by Collins Street was dated April 8th 2024.
Be interested to see who the next ones come from.
Mick
 
Still plenty of trade action on ODY.
Up 10% today on above average volume.
Just shy of recent 12 month high at 0.034.
getting to that long distant 2021 ATH of 0.225 would be nice, but will settle for something less.
Was tempted , but already have a good chunk that is now in the money.
I think we are about to enter the third phase of the rally where anything with the word gold in it is a buy.
Mick
 
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