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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 QuantumPhysicson Dec 08, 2021 6:43am
169 Views
Post# 34209497

RE:Deloitte document

RE:Deloitte documentBeautiful info. Well done. And thanks. The banks mentioned are huge frontline russian banks and there is no doubt in my mind that Brusnwick team has a fantastic reach and network into these banks. Brunswick team professional credentials are impeccable. I see that Brunswick team competencies revolve around management turnwarounds of which financial and business understanding is key. They lack mining competencies and thats where Brunswick trusted Wessons. So their investments pretty much depended on the quality of information passed by wessons and as one gathers there has been a huge breach of faith in there. So question remains why did wessons behave the way he did? Two distinct reasons pop out. Either he was trying to negotiate a better commercial deal by bringing in the agency interests . Here his agency Lionsbridge held knowledge. Knowledge could have been that his exagerrated disseminination of info to Brunswick was dubious. For instance 5,5Kg gold pour out of processing 4000 tonne of ore thus suggesting 1,2-1,3g/tonne head grade is data already available historically to shareholders. There is nothing new over here done by Lionsbridge. Issue  was historically, gold prices going down did not support head grades and cash cost and thus the mine was not viable. The second reason could be that Lionsbridge has been conducting itseld under Pandion's control. Look all circumstantial evidence shows that there is a very active link between wessons and pandion. There should be some legal effort to establish a distinct legal link. Here one is compelled to dig into why would pandion behave in this way. And here in lies the pandoras box. More later.
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