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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 DRILLFILLBILLon Feb 14, 2020 4:10pm
67 Views
Post# 30693585

RE:RE:RE:RE:PDAC

RE:RE:RE:RE:PDAC
Hi Stever!  I wouldn't bet on it.  Volume hasn't been relevant to correlate it to any price change.  However, we did hit an all-time low this month at $0.0241USD.   Here's my question: When do we fall under $0.01USD???    If Leni axes the partnership with Talmora, I think we will see trades under $0.01USD.  Sorry to be so negative, but I don't see much to get excited about.   How about the Rare Earths that they found?   It could take years to study/develop that.   They will have to dilute the shares to 300-400 million; just to raise $ to study this.   Anyone thoughts??
Bullboard Posts