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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

Comment by fnaptson Feb 22, 2021 11:16am
122 Views
Post# 32626214

RE:RE:RE:RE:RE:The Billion share club - what a joke !

RE:RE:RE:RE:RE:The Billion share club - what a joke !As per most recent PEA 'traditional' cash cost $863, AISC $974 per ounce. The problem with the previous operator is that they were processing a lot of waste, because they didn't tighten the drill spacing. They acted like it was a broad disseminated ore, but it is a narrow vein sulphide ore that needed to be mined selectively, more like an underground operation.

You don't know the true cash cost, I don't either. Nobody will until they actually put this into production properly, but to suggest this needs a higher gold price, and to spend capital finding more gold is absurd. I don't think you know what AISC includes. I don't think you know anything about mining at all.
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