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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

Post by jcpopsicleon Apr 07, 2022 1:42pm
357 Views
Post# 34585044

Osisko Royalties-->Osisko Mining (Crazy) Financing Theory

Osisko Royalties-->Osisko Mining (Crazy) Financing Theory

March 18 (Closed March 31 for $250 milliion in proceeds):
"Osisko (Royalties) plans to use the net proceeds from the Offering for general corporate purposes, including funding resource royalty and stream acquisitions, the potential repayment, from time to time, of amounts drawn under the Company's revolving credit facility and other corporate development opportunities".

Anyone else notice that
OSK's brother/father/uncle OR just did $250 million in financing?

Anyone else notice that OSK's share price started acting "different" around March 18? Against the normal flow/price of Gold? Even on lower volume.

OSK needs money for a mine (Yes, I know, Drunken Uncle BTR has a mine already).

Anyone think that I'm being crazy (myself included)?

Keep it in the family time?


 

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