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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
Post by DRILLFILLBILLon Feb 05, 2020 3:59pm
62 Views
Post# 30647935

The Board

The Board
Yes, we are all getting older.   It's frustrating.   We are invested here to find diamonds, and now we could be here for rare earths or gold.   Like JD says, rare earths would not be a bad thing; especially if they are sitting on a world class deposit.   But, how difficult/expensive will it be to extract these elements in this remote part of the world?  For the last 10 years or so, I've always invested in companies where very VERY wealthy people park their money.   Olivut is one of those companies.   Metalla Royalty & Streaming is another....where Eric Sprott and others have invested big dough.  I bought Metalla at $0.38 and $0.42 years ago.   Now, it's trading on the NYSE.  So, like Ekati said, we just have to wait, because just when you want to throw the towel in and give up.....BANG....OLV shoots to the moon.  
Bullboard Posts