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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

Comment by DRILLFILLBILLon Oct 21, 2020 1:33pm
40 Views
Post# 31755756

RE:RE:I bought...

RE:RE:I bought...
Hi Stever!  Yeah, you paid a lot for it, but hold it!!   It's gonna be a big winner in the next 2-5 years, as this gold/silver/metals/commodities bull market plays out.  I actually found out about Metalla from The StockHouse website!  There was an article in the Opinion & Analysis section about Metalla years ago.  I read it.   It looked promising, and I bought a bunch of it.  I also found ELYGF the same way!    I own 7 or 8 companies that are Royalty/Streaming companies.  I think this is the best way to play commodities in general.  In terms of Olivut, I wish they could determine whether or not there is an economical deposit of rare earths on any of their land that they either own or have a JV with.  It's frustrating.  Donald Trump made an announcement about a week ago stating REE are "Critical for National Security"  You would think that someone with big bucks would fund an exploration project with Olivut to see if they have any REEs on their properties!!   Mind boggling, and frustrating.   Not to mention that more dilution is probably coming soon. 
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