Some facts to consider
- Osisko drilling pattern trending southwest from Black Dog towards Trove. Holes OSK-BD-16-009 and 010 drilled closest to Trove have not been released, even though hole 011 has been released.
- Osisko acquires 16.4% stake in Trove neighbor Beaufield. Beaufield's CEO then resigns and is replaced by Osisko's VP of exploration Robert Wares.
-Osisko raises over $80 million for Windfall exploration.
- Trove property surrounded by Osisko identified gold-in-till anomolies. Osisko has been drilling new discoveries on Windfall by targeting these anomilies (Read OSK 2016 press releases).
- DGO announces 2 unsolicited offers for their Trove asset, followed shortly after with a third bid. Still no assays from Osisko holes 9 and 10 located immediately northeast of Trove and on trend with the fault being explored (not sure exactly how far these 2 holes are from Trove boundary. Can anyone advise?)
- DGO announces the company is being offered additional property in the area, likely some fringe outfits wanting a piece of DGO.
- DGO announces Advanced Notice Policy following the 3rd bid
- Several penny exploration companies announcing acquisition of fringe properties in the area, similar to activity normally seen during a major discovery.
- 34M shares fully diluted with current market cap of $6.6M
- Over 79M shares traded since DGO bid announcement 6 trading days ago.
Investors will have to consider all of this and more to decide whether this is a perfectly orchestrated scam pump as some claim, or a real and rare investment opportunity. I believe its an opportunity. I also belive the involved bidders include 1. Osisko (actively drilling, well funded with $80+ million, and claims surrounding Trove) 2. Chinese Institutional Investors who are invested in neighbor Beaufield.