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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 Apr 04, 2023 3:41pm
97 Views
Post# 35379500

RE:RE:Will History Repeat ? From $0.085 to $0.335 on no news ?

RE:RE:Will History Repeat ? From $0.085 to $0.335 on no news ?
Hi stever50,
Fade away or transition ? An eternal question.
People like our Key shareholder Pierre Lassonde have made their legend on NOT just fading away.
Countless times a sports team may underperform because of a poor coach. And other teams with a great coach wins championships. We have a great team and shareholder base - there is no question.
Before Covid in 2020, this company was drilling, aquiring and exploring. And now we have run into a transition point. My conviction is we have some great navigators to steer us in the right direction.
They have been frugal - and the lack of activity has decimated the share price. However, take note they did not blow up and dilute us shareholders during this extremely tough time. There is still less than 75 million shares outstanding and over 20 per cent of those are insider held.
Countless other juniors have 200-500 milion share counts - yet our responsibility gets no positive recognition.
I urge anyone who is reading this to think about  this stock at this price level.
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