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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

Olivut Resources Ltd > Will History Repeat ? From $0.085 to $0.335 on no news ?
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Post by dwightkerry on Apr 03, 2023 2:51pm

Will History Repeat ? From $0.085 to $0.335 on no news ?

History shows in various years 2013, 2014 and 2016 for example Olivut has had some nice runs in the June. July, August Summer Months.
Remember in 2016 when the Stock released no news releases it went from $0.10 in mid February to over $0.365 by July. Interestingly the company released no press releases during this period.
Like has been mentioned before.; do not get caught waiting for news releases to buy this.
Probably anthything you can get under $0.07 will look very good when this makes it's next run.
The key shareholders have not sold one share and will likely add when the next private placement is announced.
The question is what will the level of that placement be ?
This is one of thoose plays that really should have a market cap of $10 Million plus. Not the current $3 Million.
Seriously, I don't think people really understand what will happen if they discover anything in a follow up drill program.
I do and I am searching for Yachts right now in case that happens. :) LOL LOL
Actually I'll be happy when this thing clears $0.13 and heads above $0.20 so we can raise some money and get this management team on their toes.
Comment by stever50 on Apr 03, 2023 10:56pm
Think the team needs to promote this company and get things on the go again, need to get the drills spinning or other wise will just fade away I figure??
Comment by dwightkerry on Apr 04, 2023 3:41pm
Hi stever50, Fade away or transition ? An eternal question. People like our Key shareholder Pierre Lassonde have made their legend on NOT just fading away. Countless times a sports team may underperform because of a poor coach. And other teams with a great coach wins championships. We have a great team and shareholder base - there is no question. Before Covid in 2020, this company was drilling ...more  
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