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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 PokemonGOldon Sep 23, 2016 8:04pm
211 Views
Post# 25272690

Things heating up in area, First Mover to Production in camp

Things heating up in area, First Mover to Production in camp

First Mover to Production in new Urban/Barry mining camp

URL: https://sectornewswire.com/release092316mto.htm

With Osisko's stock over $3, it could (maybe should) be using its stock currency to acquire the Metanor mill (and all gold properties and roads) for next to nothing along with the Barry deposit (they are drilling off Windfall deposit claim on trend for big gold and taking the known 2+ g/T in the pit to Bachelor in 2017, so it seems.

The covenant to Sandstorm is met (once Sandstorm cash flowed $20M) so MTO has 100% use of mill for its own benefit as it sees fit. Loss carry forward means no taxes for several years. Wait till it stops development work on stopes at Bachelor and cash flow is enough to jumps start Barry within a few months!!!!

Interesting indeed..

Bullboard Posts