Osisko Metals Incorporated V.OM

The deal ensures

[BSdetector2016]

that SP remains a sunken log for a long time to come. 60% of the project will change hands without a build.

[glory7]

Thats what happens when your stuck between a rock and a hard place? Somebody elses problem now but doubt much will ever take place. Doors are open.lol.

[checkmate28]

BSdetector2016 I detect some BS If Appian agreed to spend $100 Million on 60% of Pine Point, that means there valuing the entire project at $140M without a build, plus the upside they expect. If they bail they Pay Osisko $4.5M penalty.   Before todays news the Market Cap for all of Osisko Metals was $55M Why does this deal ensure the SP stays sunken as you say?  

[BSdetector2016]

SP gapped-up on short covering and bagholders exiting. That gap will get filled as the SP settles back to where it was and we wait X years for drill results to reconfirm what is interpolated to be there. It doesn't matter what Appian thinks it's worth as it is the market that will ultimately decide. 

[checkmate28]

I smell more BS  Maybe you got caught short?  Lot of places to put ypur money. Appian chose to commit to $100M here for 60%. That means they valued OM at triple the MC they entered on. They did there DD.  Appian should dish out money hard and fast and yes the market will decide. Bagholders exiting,  theres some overhead to chew through there. If shorts covered there not