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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 alixx11on May 15, 2018 10:24am
264 Views
Post# 28032151

globe & mail - tuesday downgrades

globe & mail - tuesday downgradesEight Capital analyst Craig Stanley downgraded Osisko Mining Inc. (OSK-T) to “neutral” from “buy” with a target of $2.65, down from $5.80. The average is $5.32

Personally, I don't get it. Can someone explain what's so bad about the results? The grades are close to initial estimates, and 2,9 mil ozs. is within several analyst expectations for the this 1st RE.

What am I missing, besides higher inferred over indicated? Are we not still on-track to be a mine by 2021?
Bullboard Posts