Osisko Mining Inc T.OSK

Alternate Symbol(s): OBNNF

Metals & Mining Gold

Osisko Mining Inc. is a Canada-based mineral exploration company. The Company is focused on the acquisition, exploration, and development of precious metal resource properties in Canada. It holds a 50% interest in the high-grade Windfall gold deposit located between Val-d'Or and Chibougamau in Quebec and holds a 50% interest in a large area of claims in the surrounding Urban Barry area and nearby Quevillon area (over 2,300 square kilometers). The Windfall property consists of over 286 individual claims covering an aggregate area of 12,523 hectares (ha). The project is located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Quebec, Canada. The Urban Barry properties are located in the Urban Township, in Quebec’s Eeyou Istchee James Bay region, approximately 700 kilometers (km) north-northwest of Montreal, and 100 km east of Lebel-sur-Quevillon’s municipality. The Quevillon property consists of over 2815 individual claims covering an area of 150,163 ha.

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Osisko Mining Inc > Beautiful FS , Willis we have a mine

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Comment by Pete1986on Nov 29, 2022 7:18am

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Post# 35135914

RE:RE:Beautiful FS , Willis we have a mine

Exactly. And don't forget the 100 mio USD convertible bonds. Right, they also have 100 mio US cash but they will still need lots of cash until they start consruction.

PEA was 1600 mio CAD at 1600 US gold. So thats very disappointing for me that NPV is down that much even though they did lots of drilling and increased the reserve.

I will sell 90% of my holdings at the opening and will keep 10% for the long run.

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