Olivut Resources Ltd V.OLV

Alternate Symbol(s): OLVRF

Metals & Mining Industrial Metals & Minerals

Olivut Resources Ltd. is a Canada-based company engaged in the acquisition, exploration and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The Company has a 100% mineral interest in the HOAM Project located in the Mackenzie Region (the HOAM Project) and a 50% interest in the Seahorse Project (the Seahorse Project). Both projects are located in Canada’s Northwest Territories. The HOAM Project Area covers part of the Interior Plains region south of Great Bear Lake in the southwestern part of the Northwest Territories. The HOAM Project Area lies within three traditional Aboriginal settlement regions of the Northwest Territories: the Sahtu in the north, the North Slave in the east and the Deh Cho in the center and south. The Company’s interest in the Seahorse Project includes any mineral deposits discovered, whether diamonds or other minerals.

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Olivut Resources Ltd

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Comment by rborhion Nov 30, 2020 3:55pm

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Post# 32002722

RE:Future is not all bad ( article mid year )

It is hard to see Olivut doing anything at Seahorse or HOAM in the short term.

Although it could be a multi-year commodity bull market coming up, and diamond exploration success was in the tank well before 2020. So it's not like there's lots of cheap new supply of real diamonds coming online. Not sure how strong demand will be though either.

both projects don't even have a real discovery started yet, so if you buy it's a mid to long term hold I'd think.

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