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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 Dec 11, 2019 8:28pm
113 Views
Post# 30446068

RE:When is this gonna end?

RE:When is this gonna end?

RBC has been selling for some time, I suspect it may be coming from one of their precious metals fund for tax loss purposes, it's YTD returns are close to 35% which would justify a reason to harvest from a loss on OM. IMO this will end within the following weeks. 


On another note the story hasn't changed and the good news keep flowing our way. By new year we will be entering an exciting phase with a goal of growing Pine Point's resource base and delivering a PEA.


NSR deal and strenghtining share structure should also reduce downward pressure moving forward. In 2019 we've seen many insiders positioning themselves, Bob ultimately being a key support soaking up 9 million shares and counting... but also supported by John B, Don Siemens, Sean Roosen, Jeff Hussey, Paul Dumas, Osisko Gold, CDPQ etc. Overall great signs if you keep an eye off the current sp and look at the fundamentals !

Bullboard Posts