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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

Bullboard Posts
Comment by rborhion Jul 07, 2020 12:59pm
165 Views
Post# 31234527

RE:Investor coming...

RE:Investor coming...If so they will have to pay up.

Market cap for a soon to be 100,000 oz/yr AU producer with everything in place is in the $150 million to $400 million range these days, and only getting more expensive.  Gold now above $1800 oz USD as I write.

At 100,000 oz/yr production, with a profit of $800 USD/oz, this company can be generating $109,000,000 CAD per year.  So what's that worth?  And if gold goes to $1900 or $2000 USD/oz?

Even if OTSO had 500 million shares out (which they don't), their market cap today is a paltry $32 million CAD!
Bullboard Posts