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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. > April Startup?
View:
Post by basbot on Sep 24, 2020 12:30pm

April Startup?

If anyone believes that the mine is going to be running in April. Where is the money to get this done? There is zero money in the till and the Wessons have not be able to raise any cash and they also have creditors crawling all over them. Essentially the company is bankrupt and there is the BIG payment to Pandion in April 2021.
Comment by Dummoney on Sep 24, 2020 8:28pm
Bashbot; Do you even read what you write? -OTSO will raise the money thru financing, like every other company. Aluminas alrwady done this -creditors climbing all over them? Pandion already showed how theyre willing to negotiate. With production, debt would disappear fast.
Comment by GoldenEra on Sep 24, 2020 10:17pm
This post has been removed in accordance with Community Policy
Comment by Dummoney on Sep 24, 2020 10:54pm
GE. No positive thinking just facts. If you or Bash-Bot have an actual point, plz make it. Holding Air cites a bogus sedar document about management salaries, that says nothing about salaries. Bash-Bot says OTSO wont get financing, while Alumina gives them financing Bash-Bot says financers are hassling OTSO even as Oandion renegotiated its debt. Are you guys inhabiting Bizarro world? Or bitter ...more  
Comment by GoldenEra on Sep 25, 2020 12:13pm
This post has been removed in accordance with Community Policy
Comment by Dummoney on Sep 25, 2020 12:29pm
get over your Nordic losses, Holding Air
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