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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
Post by Unstoppableon Jun 14, 2020 5:11pm
223 Views
Post# 31148916

Interesting week ahead

Interesting week aheadI think the PEA we've all been waiting for should be released soon, all to prove up one of the best undeveloped zinc project. Bob has been in blackout mode for several days now and the market has held up quite well without him so we seem to have a rock solid bottom at this stage. Imo the stock price will lift off as zinc prices go back to a normal standard. Zinc at $1.15 is conservative and should be easily attainable, just a question of time.. With pandemic commodity prices we are about 20% off target which is not much considering the impact it had on the demand side and on the supply side many mine closures has been the outcome of these falling prices. Modelling in CAD also gives us a natural hedge to a strengthening USD. My target on OM remains $3, for me that seems to be reprenstative of the fair value here, can be more if new discoveries are made.
Bullboard Posts