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Otso Gold Corp. FIEIF


Primary Symbol: V.OTSO

Otso Gold Corp is a gold mining company. The company's only segment being acquisition and exploration of gold resource properties. Geographically, it has a presence in the Americas and Europe.


TSXV:OTSO - Post by User

Comment by triple3on Jun 22, 2020 8:31pm
107 Views
Post# 31178966

RE:Something is definitely not right

RE:Something is definitely not right Its expensive [lots of drilling etc] to put inferred ounces into reserves...there are many mines out there that mine withoout 43-101...think silver miners in Mexico that follow viens but saved millions by not doing a FS like OTSO is doing right now...but Firesteel ran rock that had low yeild because a FS was not done and not enough infill drilling...this is my assumption, i do not know for sure but i assume the financers want to make sure head grade fed into mill is proper grade to assure they dont waste money running low grade through the mill....its expensive to do it right
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