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 DRILLFILLBILLon Nov 09, 2014 12:40am

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Post# 23110894

RE:RE:RE:tax-loss selling season

Does anyone on this board feel comfortable owning OLV if there is a massive dilution? I know I wouldn't. If we see 70-80 million net shares, and we are still at $0.12usd, that would pretty much ruin it for this company. Ekati, if we see this massive dilution that you are predicting, this will fall way below the 10-12 cent range you were calling for. And again, who would want to own this if that happens? Micro Juniors are only attractive when they have low floats, and high hopes.

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