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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 Oenophileon Oct 30, 2020 9:49am
220 Views
Post# 31812216

RE:RE:RE:RE:cheap shares

RE:RE:RE:RE:cheap shares Yup, he's a liar. Project reminds me of Rubicon's Phoenix undergound deposit. Hundreds of millions sunk, mined for 6 months in 2015 before they had to quit and do more work. They just released a BFS and have a $200mm EV. Capex for restart is ~$100mm. Same thing could happen with GWA (company has been around for decades, hard to believe) who are attempting to raise $30+ million to start mining their refractory gold deposit in Timmins with only a 5 year old PFS.
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