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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

Post by dwightkerryon May 06, 2023 12:07pm
143 Views
Post# 35434622

Congrats - Olivut's Ask price now at the 52 week high

Congrats - Olivut's Ask price now at the 52 week high
Currently there are no Olivut shares offered under the $0.06 level as we move to the next level of the 52 week high.
This looks great technically speaking as usually after a long bottoming period once it breaks it's 52 week high, then that level will become the floor.
It also looks great that investors are placing their bets at these levels. It looks to me this is going to move above $0.10 and then continue higher after they announce their plans.
Once it's clear the plan is to optimize the chances of something exciting, then the lure of a potential gigantic return will bring more players to the table.
Right now the market cap is miniscule compared to the potential reward this world class management team and shareholders can generate.
I'm all in and looking for a Royal Flush ... in Diamonds of course :)
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