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OBAN MINING CORPORATION OBNNF


Primary Symbol: T.OBM

"Oban Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration, & development of mineral deposits in the Americas. Its projects include the Marcahui, the Antamayo & the Chosicano."


TSX:OBM - Post by User

Bullboard Posts
Post by juneau103on Dec 02, 2019 7:51pm
186 Views
Post# 30415302

located in the Abitibi greenstone belt, Urban township,

located in the Abitibi greenstone belt, Urban township, ,Eeyou Istchee James Bay, Quebec.  Or The Windfall Lake gold deposit is located between Val d'Or and Chibougamau in the Abitibi region of Quebec, Canada.

One of the best mining juristicatins in the world!

While we have gone from 88 to 24 rigs, can you imagine just for a moment how many companies are envious of this alone… 24 truning rigs, most struggle to get 3 or 4 turning at one time, cost alone!

"Infill drilling at the Lynx extension has returned one of the highest-grade intervals intersected at Windfall to date, returning 106 grams per tonne gold over 13 metres in OSK-W-19-991-W8."

Imagine if a small little junior hit one hole like this, the stock would explode!  This is all about chasing a big number on the NI 43 101, maybe Kaiser is right, maybe they are chasing 6M oz of Au!

And this, says it all.....

"Osisko's president and chief executive officer, John Burzynski, commented: "Lynx continues to deliver strong results and is underpinning the high-grade potential of the Windfall deposit. Infill drilling in Lynx extension is adding good connectivity and meaningful ounces, which should have a positive effect on the upcoming resource update. Exploration is pursuing the downplunge areas of the Lynx zones, all of which remain open at depth."

I give pause to GBR, trading north of $6 dollars with only 46M shares out and they are only in the exploration phase, I mean "ONLY"!  It is a great story, but way over promoted, they have a long way to go in terms of capital raise, dilution, boots on the ground and moving from exploration to development let alone developer to production…..

So either OSK is way UNDERVALUED or  GBR way OVERVALUED!

( I still do not believe OR:NYSE puts this into production )   Target!

Oh, yes and the M & A continues, this Zijin China's largest Au entity bought CNL:TSX today for $1.4Billion....there is another junior I follow and own a very large stake in and for this reason.....TIG:TSX.v for this reason...

"
Triumph Gold is led by a strong management team with decades of experience in mineral exploration. The company attributes a lot of its success to President Dr. Tony Barresi and his exploration team for identifying four new discoveries after conducting data mining and fieldwork. Dr. Barresi is a professional geologist who has worked for both the Yukon and British Columbia governments. Attesting to the company’s success and vision are key shareholders including Newmont Goldcorp (NYSE:NEM) which holds a 15 percent interest, Palisades Capital which holds 16.5 percent and Zijin Mining Fund, China which holds 12 percent."

J 103 ( I totally never talk about others on this thread, but I thought it was worth mentioning, sorry )  On BNN, they said 30 days ago, watch for M & A activity to pick up...it will be a driver to higher prices both in equities and in Au....lets continue to pay attention....our time is coming ! I will post the Xmas drink on Friday, I have deffinetly settled on one, both amazing cold or hot, for medicational purposes for your wife! 
Bullboard Posts