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 Jan 23, 2015 9:07am

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Post# 23355048

RE:RE:Drilling

If the day comes where they dilute this to 70-80 million shares without finding anything, then I would say it's over for OLV. Management has apparently promised not to do that, but as Stever mentioned....they need to get something going immediately. The Venture Exchange is loaded with companies that trade where Olivut is, and they have 80 million or more shares outstanding. Once you start seeing dilution with OLV....it's curtains.

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