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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

Post by basboton Aug 08, 2020 3:07pm
203 Views
Post# 31383152

July 2019 Gold price $1,200 August 2020 Gold price 2060

July 2019 Gold price $1,200 August 2020 Gold price 2060

When you see the gold price go up by $800/ ounce odd, and the Nights in Shining Armour (Wessons) can't get their act together and file financial statements on time and make lame arguments about Covid being the culprit, it just doesn't wash. 


Take a look at the share price in July 2019 and take a look at where it is now. The numbers tell all and if you consider this factual information as bashing, then perhaps you are not living on the same planet as the rest of us. 


The Wesson's have done nothing to increase shareholder value other than to take $700,000 on a quarterly basis between their management fees and first class travel. If this continues, and I have no reason to see why not, then that will equate to $2,800,000 per annum in fees and travel. 

once again, when we finally see the files financial statements, we will know for sure what they have been up to. 

Lastly, I would say that the company is out of cash

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