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

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 sector, with a focus on copper and zinc. The Company owns a 100% interest in the past-producing Gaspe Copper mine. The Gaspe Copper mine is located near Murdochville in Quebec's Gaspe Peninsula. In addition to the Gaspe Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance the past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure. Its Mount Copper Expansion Project hosts the undeveloped copper resource in Eastern North America. The Company also owns a group of 199 claims adjacent to its Gaspe Copper Project. The claims cover additional ground near the Gaspe Copper project.


TSXV:OM - Post by User

Bullboard Posts
Post by landlubberon May 31, 2011 9:15am
790 Views
Post# 18648565

Outperform rating: target of $18.00.

Outperform rating: target of $18.00.

Osisko proof that Canadian mining industry works

Monday was a landmark day for mining in Canada, as Osisko Mining Corp. opened the biggest gold mine in the country. A huge opening ceremony was held at the Canadian Malartic mine site in northwest Quebec.

John Hayes, an analyst at BMO Capital Markets, wrote that the openingaffirms a broader fact: that the Canadian mining industry has theability to build huge projects and companies from scratch. Osisko didnot even begin exploration at the site until 2005, at which time it was apenny stock.

“This has been the only commissioning of a major gold mine in recenthistory in Canada, not to mention the only one built by what was once a‘junior’ company,” Mr. Hayes wrote in a note.

He praised Osisko specifically, notingthat it kept full control over the project through construction andcommissioning. That allowed it to build the Canadian Malartic mine injust 20 months.

He also pointed out that the company had key external ingredients forsuccess, including a stable and supportive government and a localcommunity that understands mining (which is particularly important whenyou need to move houses to build the mine). It goes without saying thatCanadian miners running into trouble in countries like Tanzania andGuatemala do not enjoy such benefits.

Mr. Hayes has an Outperform rating on Osisko shares and aprice target of $18.00.

https://business.financialpost.com/2011/05/31/osisko-proof-that-canadian-mining-industry-works/

Bullboard Posts