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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

Post by goldsoldaton May 28, 2021 2:08am
298 Views
Post# 33284282

Price

PriceI am an otso shareholder. Although the very recent price move upward may be due to drilling in Norway, there is another possibility. On June 28, Basel III rules come into effect in Europe (U.K. end of year). The current thinking is that the paper gold market will be heavily damaged or perhaps destroyed as a result. This would cause a physical gold price rise. OTSO has a large gold deposit in Finland, which, at a much higher gold price might become attractive for takeover or joint venture. Goldsoldat
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