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Olivut Resources Ltd V.OLV

Alternate Symbol(s):  OLVRF

Olivut Resources Ltd. is a Canada-based company engaged in the acquisition, exploration and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The Company has a 100% mineral interest in the HOAM Project located in the Mackenzie Region (the HOAM Project) and a 50% interest in the Seahorse Project (the Seahorse Project). Both projects are located in Canada’s Northwest Territories. The HOAM Project Area covers part of the Interior Plains region south of Great Bear Lake in the southwestern part of the Northwest Territories. The HOAM Project Area lies within three traditional Aboriginal settlement regions of the Northwest Territories: the Sahtu in the north, the North Slave in the east and the Deh Cho in the center and south. The Company’s interest in the Seahorse Project includes any mineral deposits discovered, whether diamonds or other minerals.


TSXV:OLV - Post by User

Comment by dwightkerryon Feb 05, 2023 3:02pm
97 Views
Post# 35267817

RE:RE:RE:RE:When this starts to move - it will be dramatic.

RE:RE:RE:RE:When this starts to move - it will be dramatic.
The current shareholders of the company and Management have already raised over $20 million in the past for part of this project. And people like Pierre Lassonde (a current large owner of this stock) have raised hundreds of millions. But the stock needs to be north of at least $0.15 before Pierre can start to seriously talk to his circle of strong supporters. As well Lassonde does not want to own so much of the company that he has to make a bid to take it all. Therefore stock price appreciation is critical here. Once we get to a higher level, funds will be availble. Insiders currently hold more than 24 per cent of the float. So if they believe ... I believe.
We need to get this thing above the single digits. Break out your piggy banks :)
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