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Osisko Metals Inc V.OM

Alternate Symbol(s):  OMZNF

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals space, more specifically copper and zinc. The Company is focused on base metal projects located in Canada. Its projects include the Gaspe Copper project, the Pine Point project, and Mount Copper Expansion project. The Gaspe Copper project is located near Murdochville in the Gaspe peninsula of Quebec. Gaspe Copper hosts the undeveloped copper resource in Eastern North America, strategically located near existing infrastructure. The Company’s Pine Point project is located on the south shore of Great Slave Lake in Canada’s Northwest Territories, between Hay River to the west and Fort Resolution to the east. The Mount Copper Expansion Project hosts the undeveloped copper resource in Eastern North America. The Company’s subsidiary is Pine Point Mining Limited.


TSXV:OM - Post by User

Bullboard Posts
Comment by Sharpie009on Jan 25, 2009 2:56pm
428 Views
Post# 15727451

RE: RE: OVERVALUED

RE: RE: OVERVALUEDExcerpt below from gold pig

"The main negative is the fact that the deposit is located in northernCanada, where cash costs are quite high even with high-grade mines likethose of KGI. Also capital requirements are quite high compared to themuch lower heap leach operations that are carried out in Mexico wherethe climate is warm all year round.

Perhaps this is why Osiko has not be placed into a takeout play."


Three very simple questions for you my friend.

What is the projected cash cost for Osisko compared with KGI?
What is the all in cost of Osisko compared to other world class development projects.
What makes you think that Osisko is not being considered a takeover target?

The answers to these questions after you have done your due diligence will help you decide whether to invest in Osisko or not.  I know what the answers are.  Based on your excerpt above you don't.



Bullboard Posts