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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 sector, with a focus on copper and zinc. The Company owns a 100% interest in the past-producing Gaspe Copper mine. The Gaspe Copper mine is located near Murdochville in Quebec's Gaspe Peninsula. In addition to the Gaspe Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance the past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure. Its Mount Copper Expansion Project hosts the undeveloped copper resource in Eastern North America. The Company also owns a group of 199 claims adjacent to its Gaspe Copper Project. The claims cover additional ground near the Gaspe Copper project.


TSXV:OM - Post by User

Bullboard Posts
Post by norbu1on Mar 06, 2014 8:48am
264 Views
Post# 22287626

some technicals

some technicalsBollinger bands indicate that the next barrier upwards is 7.62, so we could break through that today. Also, the lower end of the b bands is 7.53, a pretty narrow range, with the channel still heading upwards. With continued media attention and positive news, OSK at the least will stay in this range and with a little push, we will move above 7.62. The Bollinger Bands do not indicate the next barrier upwards. I've set the parameter for 52 weeks and used yesterday as the end point. The money flow index is 61 and this suggests that while momentum is slowing there is still room to move forward/upward as it is not until we hit 80 that a stock is considered over bought. If we keep moving forward/upward until we hit 80, if percentages alone are an indication (and we concede there are many variables at work here), then OSK is only at 3/4 (61/80) of its price potential. So, all of this to say, take 7.60/.75 and that yields OSK's price potential as of yesterday, with all things being equal. however, this changes with the price of gold and exploration/development. I think this easily places OSK's stock to around 10.00/share, which is my "out" price. Of course, if there are new developments like Hammond coming on line this increases the share price. A fellow has to make profit, not get too greedy and move on. If there are any out there who want to know which stock I am placing profits in after the 10.00 price is reached, I will post. We need slydork to provide some more hot air useless rhetoric, it has been moving OSK upwards at a near 45 degree incline. Keep up the bs, slydork.
Bullboard Posts