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Olivut Resources Ltd V.OLV

Alternate Symbol(s):  OLVRF

Olivut Resources Ltd. is a Canada-based company engaged in the acquisition, exploration and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The Company has a 100% mineral interest in the HOAM Project located in the Mackenzie Region (the HOAM Project) and a 50% interest in the Seahorse Project (the Seahorse Project). Both projects are located in Canada’s Northwest Territories. The HOAM Project Area covers part of the Interior Plains region south of Great Bear Lake in the southwestern part of the Northwest Territories. The HOAM Project Area lies within three traditional Aboriginal settlement regions of the Northwest Territories: the Sahtu in the north, the North Slave in the east and the Deh Cho in the center and south. The Company’s interest in the Seahorse Project includes any mineral deposits discovered, whether diamonds or other minerals.


TSXV:OLV - Post by User

Bullboard Posts
Comment by HCallahann44on Dec 19, 2019 5:38am
57 Views
Post# 30471478

RE:RE:RE:RE:Is there any hope of good news? things look grim

RE:RE:RE:RE:Is there any hope of good news? things look grimThanks euclid...have been here for years because of Lassonde...but do you really think he is retiring to focus on this turd?  It looks like he flushed 20 million down the toilet...I should have considered that multibillionaires think about 20 million the way we think about buying a lottery ticket....and i was stupid to invest based on his purchase.  I am still hopeful that this could turn around ...but in my long investing experience...when stock fall to this level...its game over...i have never seen one come back from such a decline..   Usually you get some rambling message about market conditions and the common shareholders get wiped out.....this company has always been very poor about communicating with investors.  I cant think of a single reason why they would not report drill results...assuming there are any results in the first place.  I hear you...maybe it makes no sense to sell now...not even sure i could....and i could pick up a bunch of shares pretty cheap i am guessing...but i just see no reason at all to be hopeful....no one wants diamonds anymore anyway...young people are going in a different direction...never mind that you can make them now in your basement....ok rant over....i hope i am wrong and wish the best to all
Bullboard Posts