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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 > Land Back
View:
Post by dwightkerry on May 30, 2023 1:43pm

Land Back

Just a thought.
If we are not using or exploring the vast landscape under exploration rights ; we should consider giving the land back to the stewards who already live and have lived their. Let them have the rights.
It's karma thing.
And in game theory the one who gives most usually ends up receiving the most back.
As well it would give the company a chance to focus on a smaller area and perhaps search for other avenues of revenue - like a Diamond Royalty company perhaps. Let's buy a few small diamond royalties and grow like Franco-Nevada. But with Diamonds not Gold. And our largest shareholder Pierre Lassonde could surely help out with this.
If Olivut released a press release saying that .. just imagine where the stock price would go.
Raising money would not be difficult when we have a clear winning plan backed by the Co-Founder of the world's most profitable streaming company. And investors could get in on the ground floor of the next Franco-Nevada.
Financially speaking we of course could sell the exploration rights and all of the data collected to an Indigenous Resource Developement group. And then we use the cash to buy our first Diamond Royalty.
Diamond Royalties do exist. And several streaming companies particiapate profitably.
Comment by stever50 on May 31, 2023 7:22pm
Maybe email something like this to leni she how she replies to this.   Good one
Comment by dwightkerry on Jun 01, 2023 11:53am
Hi Stever50 Thanks again for that post where you received a response. The public still awaits the news. And thus has given us time to hypothesize. Our CEO owns millons of shares and is owed money ; which again shows the dedication on her - kudos. One would assume that an escalation in share price combined with monies to repay her would be a positive thing. But I'm probably missing something ...more  
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