Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Otso Gold Corp. V.OTSO

Otso Gold Corp is a gold mining company. The company's only segment being acquisition and exploration of gold resource properties. Geographically, it has a presence in the Americas and Europe.


TSXV:OTSO - Post by User

Comment by rborhion Sep 11, 2020 5:16pm
179 Views
Post# 31546985

RE:RE:RE:RE:Positive shareholder letter !

RE:RE:RE:RE:Positive shareholder letter ! OTSO was doing ok this year, got up close to .11, then the news came that the mine wouldn't restart until April 2021, instead of July 2020.  If they had been able to start and been in production the last two months you'd be seeing a different share price.

Also they were late in financial filings which is always a red flag when other commitments aren't going right (like the start up date being moved back).

Once the market is convinced they will start mining in April, PLUS they are able to get the financing they need on good terms, this could easily be a $1.00 plus stock with the current share structure.

Additionally, there is a drill program going on so that should drive some positive newsflow if they hit expected or better grades for good widths.

the latest letter to shareholders explaining the company situation addressed pretty much all the issues that people here were concerned about.  I'm willing to wait, and even add more from trimming some gains on other stocks if I get a chance.  Possible 10 to 20 bagger from these levels.
<< Previous
Bullboard Posts
Next >>