Olivut Resources Ltd V.OLV

Alternate Symbol(s): OLVRF

Metals & Mining Industrial Metals & Minerals

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.

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Olivut Resources Ltd

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Comment by HCallahann44on Feb 06, 2014 9:57am

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Post# 22178700

RE:RE:RE:RE:Jed/Drill

Thanks True...I appreciate your analysis...I have limited knowledge in this area...so I just try to follow the money. Pierre's involvement is what got me involved....but it puzzles me why he hasn't purchased more stock on the open market during the downturn....or why Olivut hasnt entered into some additional funding arrangement with him. I suspect its because the amount of money he has invested here relative to his total worth....is not significant. Following the money may not be a good strategy....a lot of smart money was tied up in Colossus Minerals...I went down with the ship on that one. Anything else you are following? I have big positions in Wellgreen Platinum, Gold Standard Ventures and Eurasian Minerals....some real smart guys lined up behind those!

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