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Osisko Metals Inc V.OM

Alternate Symbol(s):  OMZNF

Osisko Metals Incorporated is a Canada-based exploration and development company. The Company is engaged in the exploration and evaluation of base metals properties with a focus on copper and zinc mineral assets located in Canada. The Company’s projects include the Gaspe Copper project, the Pine Point project, and Mount Copper Expansion project. Its Gaspe Copper project is located near Murdochville in the Gaspe peninsula of Quebec including the copper mountain expansion deposit that hosts a NI43-101 inferred resource of 456 Megaton (Mt) grading. The Company’s Pine Point project is located on the south shore of Great Slave Lake in Canada’s Northwest Territories. It is based on current mineral resource estimates, which is an open pit and shallow underground mining and consist of 12.9 Mt grading. Its Mount Copper Expansion project is a copper resource property, which is located in Eastern North America. The Company’s subsidiary is Pine Point Mining Limited.


TSXV:OM - Post by User

Bullboard Posts
Post by rishshah2on Aug 18, 2010 5:34pm
919 Views
Post# 17363022

check out pics on their site

check out pics on their site
mine development moving very quickly...i think they are going to be done soon and ramp up production...
company is moving from an explorer to a producer and there is going to be a significant change in valution..
dont know why it was bearish today...but overall acquisition of bret resources has put this in another league..by doubling their ounces....takeover is iminent...my guess would be 30 % from here ...could be as high as 40 - 50 %...

14.00 * 30 % = 18 $ a share...most likely  could go upto 20 $....i bet goldcorp is going to take this out and 0.5 shares of goldcorp for 1 share of osisko which is very reasonable i think for adding  700k ounce production in 6 mths...
am waiting for a pull back to buy more..but last move to 14.48 made me think why even bother waiting...
Bullboard Posts

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