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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
Post by farmboy75on Jan 07, 2016 12:35am
138 Views
Post# 24435476

RE: OBM bid for LSG

RE: OBM bid for LSG
Hey Lemboy, if OBM wants to take a run at Lakeshore they had better round up a whole lot of cash. It would require at least a billion bucks to take us out, which would come to over 2.00 per share. As it stands OBM holds a bunch of good properties, but putting them into production is hugely expensive and is not feasible at current gold prices. So with no current production and no revenue, there is little reason for the price to rise. That is my take on the situation anyway. The only reason I have any OBM shares is because NGM management sold us out for pennies, less than 3.00 per ounce in the ground.
Bullboard Posts