Osisko Metals Inc V.OM

Alternate Symbol(s): OMZNF

Metals & Mining Industrial Metals & Minerals

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.

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Osisko Metals Inc

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Comment by alixx11on Mar 28, 2017 4:51pm

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Post# 26042853

RE:What is the driver here?

SACKS1 wrote: I can't understand why OSK is worth 750 million when by admission they state their money and properties are worth 190 million. Speculation and 400 000 drill program are exciting and all but almost 4 times the value!

Burzynski is on record this fall as saying the asking price just for the Marban deposit would be $250 million, so I don't know where you get your 190 million total OSK valuation :

Burzynski added that there’s more money potentially coming in to the treasury with the sale of some of the company’s other assets and the exercise of warrants. He estimates that Osisko is probably looking at capex of about half a billion dollars to build a mill of the 3,000-5,000 tonne-a-day scale at Windfall. “We’d probably end up with about half of that amount in the treasury, about $250 million, assuming a successful sale of Marban”

https://www.northernminer.com/people-in-mining/osisko-mining-says-windfall-project-quebec-will-company-maker/1003777728/

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