RE: RE: What is really driving Osisko?Good summary Goldengirl.
Other juicy facts
33 drill rigs operating for Osisko. 35,000 metres of core a month being logged.
16 drills operating 24 hours a day 7 days a week at Hammond Reef. Reserve announcement in summer 2011.
Update for Canadian Malartic due in next few months. Significant growth. Measured and Indicated to Reserves and additional ounces added to M&I. Barnat Extension, Western Porphyry and Jeffrey zones all excellent potential to add ounces. Also results from deep drill target 400 metres
Update in 4th quarter on going from 55,000 tons per day to 60,000 tons. Good for over 700,000 ounces per year.
Duparquet model should be completed by January or February. Complicated model with refractory component. Has structural isues so geologists trying to fully understand ore body.
Orex nugget ore body also out there in Nova Scotia. Drilling completed. Model also being completed.
Unsung hero is Hammond Reef project near Atikokan. Recent high grade results leaves one salivating.
Lots of growth by the drill bit!!
Osisko's in house program is SUDS. (SHUT UP AND DRILL STUPID). With close to 400,000 metres of drilling we have only received a tiny portion of results so far. Never look a gift horse in the mouth. $14 a bargain sales price.