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O3 Mining Inc V.OIII

Alternate Symbol(s):  OIIIF

O3 Mining Inc. is a Canada-based gold explorer and mine developer. The Company is engaged in the production and exploration of prospective gold camps in Quebec, Canada. It owns a 100% interest in all its properties, which cover over 75,000 hectares in Quebec. Its projects include Marban Alliance, Horizon, Alpha, Eleonore Opinaca, Launay, Peacock, Regcourt and Matachewan - Wydee. The Marban Alliance property is located in the western portion of the province of Quebec, Canada, midway between the towns of Val-d’Or and Malartic and comprises over 65 mining claims covering approximately 2,189 hectares (ha). The Horizon property is located directly to the northwest of Marban Alliance. It comprises over 192 claims covering approximately 8,778 ha, contiguous with the Marban Alliance. The Alpha Property is located in the Abitibi region, in the Bourlamaque and Louvicourt Townships, approximately eight km southeast of the city of Val-d’Or in the province of Quebec, Canada.


TSXV:OIII - Post by User

Comment by claritason Jun 25, 2021 7:04pm
160 Views
Post# 33454855

RE:$1.88 here we come.................

RE:$1.88 here we come.................You should understand that price targets are not for today, but for the future, typically 12 months or so down the road.  If you are invested in this company, then you should also be aware of the price of gold.  It has come down sharply recently and had taken down a number of gold related companies.

So, before criticizing analyts because you are not getting an instant gratification, you might revisit your reasons for owning shares in this company (assuming you do) and determine if the reasons for your purchase are still valid.

I would assume that nothing negative has changed in the outlook.  If you are a day trader, you might be better rewarded elsewhere, or wait until the context for gold improves.
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