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Otso Gold Corp. 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 treasurehunterson Jun 28, 2020 9:25am
135 Views
Post# 31200073

RE:Gold $1780

RE:Gold $1780I would have to partially agree.  Those gold prices would certainly cover for a lot of things that might come up.  On the other other hand, they do need a sound plan in place; which it appears they are working on.  Hopefully they can find a way to start up this year, which I think is still possible as per the below from their NR.   And yes, it appears gold may hit the 2000 plus mark by years end if not before.

"Management continues to focus on an expedited restart assuming the necessary preparatory work can be completed. The latest anticipated restart date is April 1, 2021. Although the Company will try to expedite its restart date, it is mindful of not repeating the prior management's error of beginning mining without sufficient understanding of the mine plan and in the winter months."

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