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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

Comment by houbahopon May 02, 2023 4:14pm
191 Views
Post# 35425992

RE:RE:RE:The worst deal in Canadian mining history

RE:RE:RE:The worst deal in Canadian mining historyDave,

Osisko could not have develop the mine by itself.
Here they have the perfect partner and he pays $634m just to sit at the table.

It gives Osiko the financial strenght to pay for its 50% share of the cost to develop the mine + some leaway without borrowing a dime..

Payback in 1.5 years? No mine can do this. Where have you seen this?

After all this time working to find a partner, I think this is the best one fitting for the job.

Else they would have continue to print more and more shares to explore without making any profits.

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