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Bullboard - Stock Discussion Forum Osisko Mining Inc T.OSK

Alternate Symbol(s):  OBNNF

Osisko Mining Inc. is a Canada-based mineral exploration company. The Company is focused on the acquisition, exploration, and development of precious metal resource properties in Canada. It holds a 50% interest in the high-grade Windfall gold deposit located between Val-d'Or and Chibougamau in Quebec and holds a 50% interest in a large area of claims in the surrounding Urban Barry area and... see more

TSX:OSK - Post Discussion

Osisko Mining Inc > Osisko buying back shares ,1 million in May and
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Post by idlefreebird on Jun 15, 2022 1:01pm

Osisko buying back shares ,1 million in May and

500,000 plus so far in June...I'm glad I sold all my Bontera position way back in Sept /21 and took a big loss but to only put it in Osisko in the $2.40 range and made up some losses ...I get a good kick out of that Goldpan charachter on CEO site lol he's clueless on the Osisko value event to saying Osisko needs to dilute shareholders with a billion dollars for the mill..First of all Osisko has $300 million on hand and the mill will cost $500 million wich most will be debt without dilution...again Osisko has been buying back shares monthly...I feel for the people who don't do there homework and follow some of these want to be investors on these sites..Please do your own DD and don't get burnt...glta
Comment by peregrine3 on Jun 20, 2022 8:53pm
Agree. There will be no problem with dilution - lots of options but this will be sold long before the mill is built. The FS will probably tip the balance for a buyout, along with an increase in the real price of gold, (ie. commodity and base metal prices plunging relative to the price of gold in the next economic crisis) Re: share buybacks, anyone know the current total number o/s? TMX money says ...more  
Comment by Management1st on Jun 21, 2022 7:55am
Before the buyback program, OSK had 359M shares, they since bought back around 18M shares for a total of 341M shares to date. Total buybak value = $61M Average price = $3.43/share
Comment by idlefreebird on Jun 21, 2022 12:01pm
Thank's management , appreciate that...anxious for the bulk sample results...he mentioned before June so imagine shortly..glta
Comment by Management1st on Jun 21, 2022 3:49pm
the same for the powerline agreement it was due H1 2022
Comment by idlefreebird on Jun 21, 2022 5:22pm
management , that has come out it's with agreement with first nations..glta this is just shy  a Detour price tag at the end of the day...time will tell but i'm long and strong..I have my Northern gold shares here and my losses from Bontera ...