New to BoardThis looks like to be a great investment opportunity, here is my assesment of why:
Jens has made a decission that stepping down clears the air for all shareholders to decide the direction of the company. New appointies with huge track record and very well respected
or
a disident board member that comes in after OSK comes to the table. So if he was a board member for so long, (here is my only question)....What value has he brought? My vote, can him!
The geologist on board has excelent experience and spoke well of the team, but the property has
a significant up side, and there are drill results from years gone by that now need to be drilled to become 43 101 compliant. Big numbers, just have to do some research(OGSE) to see for your self. Its there, just need to spend some time.
Jens preserved capital during a period of 2008- to fall of 2016 when it would not have mattered what kind of results would have come to the market, no one would have cared, so preserving capital was a decision of prudence, banking and put the company in a position of strength. Which brings me back to the disodent board member.....make sure everyone votes for the slate of the (right) officers
The finance guy, Jason, interesting, hes got global pull and worked for OSK for 7 years, how many of you knew that?
Whats coming? 2300 meters of drill hole results to come to the market, most likley before April 11th and for capital, they have as much money now to prove this up to demonstrate
A) why OSK is in and
B) bring value to prove up results,
C) demenstrate why OSK buys this out. North of a $200-$250M market cap.
After walking the PDAC floor now for two days and talking to several geologists, this land is an important piece of the puzzel for OSK. Understandable why Kiaser spoke so highly of BFD and Wares on BNN, I would think that this line from the press release says it all...
"
Mr. Wares is a co-founder of Osisko and is responsible for the discovery of the Canadian Malartic gold deposit which was developed into Canada's biggest gold mine by Osisko Mining." I think this is as good a story as one will find, right postal code, exceptional management team, major player on board (OSK:TSX & OR:TSX), and capital (enough to drill for months)
Whats that expression “find a mine where there is a mine” good luck to all, one more day at PDAC