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Olivut Resources Ltd V.OLV

Alternate Symbol(s):  OLVRF

Olivut Resources Ltd. is a Canada-based company engaged in the acquisition, exploration and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The Company has a 100% mineral interest in the HOAM Project located in the Mackenzie Region (the HOAM Project) and a 50% interest in the Seahorse Project (the Seahorse Project). Both projects are located in Canada’s Northwest Territories. The HOAM Project Area covers part of the Interior Plains region south of Great Bear Lake in the southwestern part of the Northwest Territories. The HOAM Project Area lies within three traditional Aboriginal settlement regions of the Northwest Territories: the Sahtu in the north, the North Slave in the east and the Deh Cho in the center and south. The Company’s interest in the Seahorse Project includes any mineral deposits discovered, whether diamonds or other minerals.


TSXV:OLV - Post by User

Bullboard Posts
Comment by nankoion Dec 16, 2012 2:47pm
156 Views
Post# 20737142

RE: RE: RE: Procedure for analyzing N 43-101

RE: RE: RE: Procedure for analyzing N 43-101

I agree with ekatamine, the typical TA toolbox does not seem very useful for Olivut. On some days, even pocket change can impact its stock price. Also the nature of the business is such that people rush in and out based on rumors. It's too volatile. What you can do, is looking at actual trades and try to guess what kind of people are currently buying/selling. Last Friday we saw real capitulation, just panick selling until a bid was hit. The weeks before that was different with trickling, sustained selling where sellers waited for rebounds to sell into. More like people sneaking out.

Bullboard Posts