Q: Looks like Onyx has had some decent drilling results over the past few months. It would obviously be a speculative purchase however just wondering what you think?
5i Research Answer:
The high grade structure looks good, with solid intercepts and decent interval sizes. There has also been some insider buying recently. Much here will depend on infill drilling and future results, but the company has $27M cash, decent management and good prospects, for a developer. We would be OK owning it for a speculative sector investor.