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OBAN MINING CORPORATION OBNNF


Primary Symbol: T.OBM

"Oban Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration, & development of mineral deposits in the Americas. Its projects include the Marcahui, the Antamayo & the Chosicano."


TSX:OBM - Post by User

Comment by 95Bearcaton Apr 07, 2021 7:24pm
188 Views
Post# 32954314

RE:Q for the board? When is the RIGHT Time?

RE:Q for the board? When is the RIGHT Time?Major gold companies are likely sitting on lots of cash with the high price of gold. Many have declining reserves. At $610 AISC, if I was CEO of a major, I would seriously look at acquiring OSK now while the share price is in downfall and outlook for gold is also on the downside. Bad news for me as a shareholder but with thousands of kilometers of drilling, very high consistent grades, 8 km of ramp built  down to a depth of 500m and successful bulk samples processed, this project will have been derisked enough for me to get it cheap. Bad news for  current shareholders maybe, but there is the real risk.
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