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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 Aug 15, 2023 2:24pm
156 Views
Post# 35589496

Volume increasing/up 160%YTD/New52week high

Volume increasing/up 160%YTD/New52week high
After finding the last diamond there has been a significant increase in volume. And the 30 day chart looks great as we reach our 52 week high.
We are also up 160 per cent YTD. Which makes this one of the best performers this year on any Canadian Market and yet it seems this may be just the begining of another chapter in the great Diamond Discoveries in the Northwest Territories.
After all the years and man hours searching it seems we are finding bigger and bigger stones and more indicator minerals in the prospective NWT.
Our partner is in the process of raising funds for exploration and likely after such encouraging sample results we will be expanding efforts to find the next enormous Diamond discovery in Canada.
Who knows how big the next diamonds they will find will be ?  If they are just fractions of a millimetre bigger, then all the buying now at $0.065 is going to look like a bargain.
Because with more big discoveries will come increasing volume and increased public exposure. Would not surprise me to start seeing this start trading millions of shares per day and then ultimately, (with any great discovery results) Pierre Lassonde will be able to recommend us more publicly and confidently.
It would be great for our hall of fame, legandary and self admitted blessed shareholder to have at least one more 100 bagger.
Good luck to all.

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