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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
Comment by algroveon Jun 01, 2013 10:17am
142 Views
Post# 21470926

RE: Huge Volume

RE: Huge Volume

Actually the total volume on Friday was 33.7 million shares.  21,413 on the TSX, 4,428 on The alternate markets in Canada and 7,924 on the US exchange.  Not sure if there were more trades on the US alternate markets.

 

This represents 7.7% of the total outstanding shares.  It could only have been an institution wanting to get out, for whatever reason.  Institutions, some would call "dumb money", tend to buy high and sell low.  So this could mean OSK has already  hit bottom or soon will.

Bullboard Posts