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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 04, 2023 7:25pm
238 Views
Post# 35431542

RE:RE:RE:RE:Taking another look

RE:RE:RE:RE:Taking another lookThe discrepancy will normalize with time, imo.

Owners of OSK shares for the short term will get out and the long term investors in gold miners will buy the shares. There is good value in this deal. After searching for more than a year for a partner, it was most probably the best deal they could find. GFI, a seasoned gold miner,  is also taking a risk in this adventure, but if the reward, if its good for them, it will be good for OSK shareholders.

As for the $100m discrepancy, with near 400m shares, OSK would need to rise $0.25 to close the gap. This could be done in a single day...
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