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Bullboard - Stock Discussion Forum 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... see more

TSXV:OLV - Post Discussion

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Post by Ekatimine on Nov 15, 2020 6:30am

covid-19

Hi All,

What a mess covid-19 has brought in the diamond scene in Canada ( and elsewhere )!

Almost my nickname went bancrupt but still some hope :-)

https://www.cbc.ca/news/canada/north/dominion-recalls-workers-ekati-1.5802366

OLV - Since the NWT are closed for travelling due to covid I fear that we won't see any advance in 2021 for Olivut. Still possible of course if the situation clears out by the time summer is there in the NWT.

Surprised to see the shareprice still at 5cts. Thought we would quote half of that by now!


Eka
Comment by stever50 on Nov 15, 2020 9:34pm
Nice to see someone still keeping in touch.  And hopefully things start to open up   Vaccine should be happening in spring 
Comment by Ekatimine on Nov 23, 2020 10:22am
With all that good vaccine news the chance the NWT will be reopened next year is much greater than a few weeks ago. Now that finance.... Instead of diluting with extra shares, another option ( maybe ) is agreeing on financing based on a net smelter royalty. Or a combination of both. Eka
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