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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
Post by Sharpie009on Dec 05, 2012 7:47pm
271 Views
Post# 20689795

Osisko Management and BOD Review

Osisko Management and BOD Review

Lets assess the past year  and a half  with facts and people can make their own detemination as to the effectiveness or not of  Osisko management and BOD. 

Clifton Star                                                  Write off of $11M in 2011

Orex  and 3 JV                                            Write off of almost $5M in 2011

Mine plan for 2012                                    Projection in 2011of 610,000 -670,000 ounces  ( lost credibility)        

Famatina  Project in Argentina               Public Relations nightmare as no social license from citizens

Fire in May                                                  Safety is Management responsibility

19 months to get to design capacity     Lack of proper grinding circuit in initial mine  design

Hammond Reef                                        Grade goes from .8 to .63

Insider Selling                                          In August 2012 (2 week) non stop barrage of Insider selling

How would you rate their performance?

Bullboard Posts