Olivut Resources Ltd V.OLV

Alternate Symbol(s): OLVRF

Metals & Mining Industrial Metals & Minerals

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

Olivut Resources Ltd > Some rare news about Olivut

<< Previous

Bullboard Posts

Next >>

Comment by JedDavison Sep 23, 2020 3:06pm

103 Views

Post# 31605583

RE:Some rare news about Olivut

CruelFinance:
Thank you for the news! It has been difficult to discuss Olivut on this site since they have not been especially comunicative with investors, to say the least. Going back to my conversations with Leni Keough, the "financing resources" problem has existed for 5 years. I think the culprit is the tech stocks, AMZN, GOOG, FB, NFLX, JD, BABA, NVDA, NTES, TSLA, etc. There have been substanital gains in this sector over the last 8 years. The result is that specultive plays like OLV have become somewhat of a hard sell for agressive investors. The good news is that OLV is not dead. It is very active but they WILL NOT lift a finger unless they arew using someone else's money.
JD

<< Previous

Bullboard Posts

Next >>

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle