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Bullboard - Stock Discussion Forum Osisko Metals Incorporated V.OM

Alternate Symbol(s):  OMZNF

Osisko Metals is a Canadian mining company focused on Zinc controlling Canada’s two premier zinc mining camps in Canada, namely the Pine Point Camp and the Bathurst Camp and is currently drilling 100,000-metres across both camps to confirm resources.

TSXV:OM - Post Discussion

Osisko Metals Incorporated > Spot zinc 1.20$
View:
Post by Hotstock1011 on Nov 09, 2020 8:59pm

Spot zinc 1.20$

Raymond James issuing a 1.25-1.50 zinc price target - China demand is growing.. US stimulus and infrastructure plans will make zinc a hot commodity in the following years. Drill results today indicate a continuous run of zinc and open ! more results pending at the lab, these were great to get a feel of where the 2021 drill targets are going to be, we are expanding the resource and this is the volley before the spike !
Comment by STOCKISCOLD on Nov 10, 2020 9:23am
Wow! where did you get the 1.25-1.50 PT for zinc that is bullish! Oh Glory oh!
Comment by Tipster1976 on Nov 10, 2020 10:24am
This view was shared by chris chang as a market overview on behalf of raymond james , from early October.
Comment by Finalsay on Nov 10, 2020 10:54am
Any indication of timeline to get their and how long he antcipates prices to hold in that range? 
Comment by Tipster1976 on Nov 10, 2020 11:30am
No indication of timelines here is what he said .. Base metal prices extended gains for a sixth day, led by zinc, as optimism for a U.S. stimulus package resurfaced and data signaled Chinas continued economic recovery [JH: This is important, they will be looking to stimulate economy without doubling prices due to their own demand as in 2002-06. However, an increase in Chinas demand could easily ...more  
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