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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

Post by dwightkerryon Feb 07, 2023 1:18pm
176 Views
Post# 35272237

Currently still priced the same as the Private Placement

Currently still priced the same as the Private Placement
This is probably a great entry point because if insiders put in $300,000 at a nickel. We can still get pieces for $0.06 -0.08.
Remember there's been no news yet. Which means once any plans and directions are eventually announced then of course investors will be more secure to pay higher prices when they see future potential.
Let's face it right now there has been nothing offered on this front and it's been years since anything has really happened. Therefore this stock has hit bottom. Again pointing to the idea of a great entry point and a price jump on any announcement.
Pierre has said he really only has a few limited projects left in him. And therefore it's just a matter of time before he gives just a little attention to this as he is one of the largest shareholders.
And any help he decides to do will send this stock much higher.
But of course the drill bit will tell the story.
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