Osisko Metals Inc V.OM

Alternate Symbol(s): OMZNF

Metals & Mining Industrial Metals & Minerals

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.

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Osisko Metals Inc

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Comment by yana8on Apr 17, 2013 2:28pm

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Post# 21266633

RE: RE: RE: RE: Support

While gold prices are being driven down in the paper/futures markets, China, Russia, etc. are buying cheaper gold in order to diversify out of the USD. It's becoming clear that US economy can only keep improving if interest rates stay at historic lows forever and if the Fed keeps pumping $85 billion/month forever - otherwise US economy will tank again and the mightly USD will drop like a rock.

They reported on CNBC that gold coins just saw a huge jump in sales in April in the States - highest ever. Also, apparently physicla gold sales are now picking up in India also.

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