And you all thought Easter was about a Bunny, try a FOX!!!Here is the web link on OSK of Analysts Coverage; noted here, EIGHT Capital picks OSK to $6.10, interesting that Eight has accumulated a very large position in BFD. Here is the good news, there are 9, remember that number?
Weeks ago, I said at around .09 there would be 7-9 Funds that would buy 5-10M shares of BFD out of the market. What we don’t know, is, as they buy, which funds these broker firms are buying for……
As you search for reasons why the stock cools off, I'd say relax, breathe, we are going higher….
https://www.osiskomining.com/analyst_coverage/eight-capital/
Who is EIGHT?
Eight Capital is a 100% principal-owned Canadian, full-service investment dealer. Our primary businesses include investment banking, equity research and institutional sales & trading. The partnership was created in December 2016 by a group of professionals with experience at leading Canadian bank-owned and boutique brokerages. Our goal is to become Canada’s leading independent dealer, offering the best advice and execution for our clients.
How many shares has house Eight bought since March 1, 2017 and What is the $ Dollar Amount
| 8 Eight | | 6,985,000 | 1,958,786 | 0.28 |
Here is a view of FOX inside OSK, right on top of BFD Property……..Now, does everyone realize why, OSK needed BFD to consolidate the play….I need say no more, It probably took the internal team weeks to identify this, weeks and months to look at all other companies in the play area, and WHY, OSK bought into BFD and no other companies.
OSK has publically stated by 2020, they would have a mill in place and operational and producing 300,000 g/t of Au/yr…….there is you major happy face, just in time for Easter! ::-))))))))))))
Below: is House # 8 Eight Research report on the OSK Mill April 13, 2017
J103
Osisko Mining Inc.
(OSK-t: c$5.42) | April 13, 2017 |
buy
Target: C$6.10 | Craig Stanley / (416) 365-2550
cstanley@viiicapital.com |
| Mill Site Chosen for Windfall Lake |
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Osisko Mining (OSK) announced it has identified a site for the potential construction of a mill complex that would process mineralized material from the Windfall Lake deposit.
The site covers approximately four square kilometres of Crown land and is located 11 kilometres southeast of Lebel-sur-Quvillon (population ~ 2,000) and 103 kilometres via existing all-weather gravel road networks from the Windfall Lake deposit.
Our target price is based on 1x our NAV estimate of $6.10/share.
Figure 1: Location of Proposed Mill for Windfall Lake | Source: Company reports Management noted a number of advantages of the site over construction at Windfall Lake, including:
Reduced Permitting Timelines: Limiting Windfall Lake infrastructure to mining activities and locating the mill near an existing industrial property (the former Domtar Corporation pulp and paper mill) will likely reduce permitting timelines;
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