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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 bijls004on Dec 16, 2020 2:09pm
334 Views
Post# 32120228

Good potential here despite dillution

Good potential here despite dillutionAfter being not so happy about the financing earlier this week I have a better feeling about it now. The mine is financed to make it to production now. Hopefully this will happen not too late in 2021. Looking at the figures and projected NPV ( estimated few years ago at lower gold prices ) there's still a good chance to reach somewhere around 0.50 CAD share price at least. That's around a ten bagger from here. Of course a lot can happen still but I do have confidende in the engineering capacities of the people in charge here and the companies that do the work. A good mine plan is needed and the work is done to ensure this will be the case. Goldprice is too predicted to be above 2000 us dollar next 2/3 years and maybe even a spike somewhere along the line which could be nice for the share price. Justy idea about it, I'm by no means a professional here.
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