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Osisko Metals Inc V.OM

Alternate Symbol(s):  OMZNF

Osisko Metals Incorporated is a Canada-based exploration and development company. The Company is engaged in the exploration and evaluation of base metals properties with a focus on copper and zinc mineral assets located in Canada. The Company’s projects include the Gaspe Copper project, the Pine Point project, and Mount Copper Expansion project. Its Gaspe Copper project is located near Murdochville in the Gaspe peninsula of Quebec including the copper mountain expansion deposit that hosts a NI43-101 inferred resource of 456 Megaton (Mt) grading. The Company’s Pine Point project is located on the south shore of Great Slave Lake in Canada’s Northwest Territories. It is based on current mineral resource estimates, which is an open pit and shallow underground mining and consist of 12.9 Mt grading. Its Mount Copper Expansion project is a copper resource property, which is located in Eastern North America. The Company’s subsidiary is Pine Point Mining Limited.


TSXV:OM - Post by User

Bullboard Posts
Post by Sharpie009on Jun 10, 2008 7:22pm
330 Views
Post# 15169080

Timely release of drill results

Timely release of drill resultsHaving just seen Detours latest drill results  I feel I have to vent again about the lack of any current drill results from Osisko. Detour has once again consistenly released results roughly on a 3 week interval and gave an indication of when they would release their new resource calc July 2. Osisko on the other hand gave their last news release concerning drill results on April  22.  Approaching 2 months without any results.  For a company employing 15 drill rigs and doing 25,000 metres per month one would figure managment could disclose results in a more timely fashion.  Detour hits a new high and Osisko a new low.  One can see how the management approaches to releasing information is impacting the share price.  Both good stocks but Osisko's potential not being reflected in its share price.  Maybe management has decided to forego any drill results until they release their new resource calc but this lack of info is annoying to say the least.
Bullboard Posts