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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 sector, with a focus on copper and zinc. The Company owns a 100% interest in the past-producing Gaspe Copper mine. The Gaspe Copper mine is located near Murdochville in Quebec's Gaspe Peninsula. In addition to the Gaspe Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance the past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure. Its Mount Copper Expansion Project hosts the undeveloped copper resource in Eastern North America. The Company also owns a group of 199 claims adjacent to its Gaspe Copper Project. The claims cover additional ground near the Gaspe Copper project.


TSXV:OM - Post by User

Bullboard Posts
Comment by Unstoppableon Nov 16, 2019 12:01pm
116 Views
Post# 30360166

RE:John Kaiser covers Pine Point’s updated MRE

RE:John Kaiser covers Pine Point’s updated MREAs I've mentioned before pre-concentration should substantially decrease CAPEX and OPEX which should imo make the project highly profitable with today's zinc prices, upcoming PEA will be the next milestone confirming if historical data is economical. On the upside, new discoveries are highly favorable which can potentially lead us to a bigger resource with higher grades making it a 15 year plus deposit attractive to any producers. The story is shaping itself quite similarly to Arizona Mining which got bought out for $2.1 billion (Buyout averaging 9 cents per ZnEq lbs), if we value OM at 5 cents per ZnEq lbs multiplied by 7.4 billion lbs, the stock would be sitting at 2.50$ besides Bathurst project which hosts another ~1 billion lbs. Upcoming PEA will be an important milestone de-risking Pine Point although when looking at Wares background and growing position you can easily speculate that this will be a mine combined with strong fundamentals it's worth following smart money and building a position alongside. Personally I'm all in.
Bullboard Posts