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Olivut Resources Ltd V.OLV

Alternate Symbol(s):  OLVRF

Olivut Resources Ltd. is a Canada-based exploration and development company. The Company is engaged in the acquisition, exploration, and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The Company’s projects include the HOAM project and Seahorse project. It has a 100% interest in certain permits in the HOAM project located in the Mackenzie Region, Northwest Territories, Canada. The HOAM Project Area covers part of the Interior Plains region south of Great Bear Lake in the southwestern part of the Northwest Territories. The community of Fort Simpson is located approximately 15 kilometers (kms) from the HOAM property in the south and the village of Deline is located about 20 kms from the project area in the north. It also holds 50% interest in the Seahorse Project located in Canada’s Northwest Territories.


TSXV:OLV - Post by User

Bullboard Posts
Comment by truespeculator07on Feb 06, 2014 2:20pm
141 Views
Post# 22180572

RE:RE:RE:RE:RE:Jed/Drill

RE:RE:RE:RE:RE:Jed/Drill
Like I said these are truly depressing times for junior resources market and it is very important to be stock specific. Good ones have gone down along with bad ones and when market comes back only good ones will rise. bad ones will be gone to company haven. Due to quality of people involved (eg. Pierre) and quality of management (eg. Leni) Olivut is one of the good ones according to me. It is also useful to keep in mind that in my experience they are extremely secretive. To this day I havent read or heard an interview from Leni. If anybody has read or heard please send me a pointer and I will appreciate that. Everything we know about this company is from non-executive people like Pierre or analysts attending trade shows. Nobody can clearly tell what they are really up to as their press releases are also vague and not specific about where exactly they are in the discovery cycle. But like Kaiser says one day they could explode the bomb-shell of a mega discovery and thats it trading stops on OLV. No bids for selling and only buyers.

Bottom line: do not back up your truck on this one. Take a small or medium position basically whatever you can afford without meeting margin call :-) if it is truely a 200x multiplier then even a 10 grand investment will get you to 2 million bucks. There you go
Bullboard Posts