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Bullboard - Stock Discussion Forum 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 Discussion

Otso Gold Corp. > Hmm good thinking ?
View:
Post by calvin98 on Aug 13, 2020 2:22pm

Hmm good thinking ?

We have to remember this isn't Brians first rodeo...35 years of doing these takeovers.Hopefully this mine is the shareholders dream... eventually. Brian still says this mine will benefit stakeholders and shareholders. With almost all shares held by shareholders and insiders thats a plus. Someone is buying alot today, almost 2 million so far. Sooo maybe being late with the financial reports is helping some folks ? 2 million sold at a nickel ?
Comment by treasurehunters on Aug 13, 2020 2:26pm
calvin.... someone buying also means someone selling.... maybe getting out while the getting is good. I hope that is not the case, but one can only speculate...
Comment by calvin98 on Aug 13, 2020 2:54pm
Is it possible he wants some people/ companies to sell? From what Ive read, back in the firesteel days, many upset shareholders with millions of shares. Maybe Wesson group wants to get rid of those guys ?As most of you have guessed, I dont know much about trading. Just guessing
Comment by treasurehunters on Aug 13, 2020 3:02pm
I guess it is posssible someone is trying to push the little guys out (such as myself). It worked on me for now, but I will keep following. If there isn't a CTO I may get back in. 
Comment by rborhi on Aug 13, 2020 4:28pm
Sure, today's price is a steal if you believe the mine will actually get running, but so far the management hasn't given much confidence in anything they do. It's the classic overpromise and underdeliver situation. Probably the worst precious metal junior I own in this market given what they have and what the outlook was at the start of 2020.  Luckily just one of a number of ...more  
Comment by SlimPickins on Aug 13, 2020 7:15pm
This post has been removed in accordance with Community Policy
Comment by basbot on Aug 15, 2020 2:18pm
The Otso mine was given a gift of $2,000 per ounce gold and have failed miserably.  I honestly believe that the Wessons are not capable of raising the needed capital to put the mine back into production.  Most gold stocks have moved as a result of the rising gold price and all Otso has managed to do is go down in price
Comment by triple3 on Aug 16, 2020 4:51pm
hey bassbiatch, why are you here exactly? could you at least try to be a ittle more negative? you are always so positive here, like an OTSO cheer leader , you love this company so much it's crazy OTSO is the best, OTSO is so wonderful...its all so positive from you bassbiatch
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