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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 > That didn't work
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Post by loonietunes on May 03, 2023 10:01am

That didn't work

Really, really like the $OSK deal for both groups. Immediate non equity dilutive for the developer, brings in talent, a balance sheet in exchange for north american/exploratory exposure. Sector needs more of this imo
 
Replying to
I agree. Good deal for both sides. According to the NPV5 at $1,900 gold, this deal is at 0.8x. At or slightly above group average. All-cash deal. Funding secured. I think this is positive
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