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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 Jun 08, 2023 12:43pm
218 Views
Post# 35486744

What's underneath the Lake ?

What's underneath the Lake ?
Just for the newbies, the team is evaluating the idea that at the bottom of the lake, where on the beach and on the floor of the body of water they are finding Diamond Indicator minerals as stated in the press release.
Some of the world's biggest Diamond finds have been found in similar situations.
On top of this they have other drill ready targets ready to be tested by the world class team of experts they have assembled. Some of this team was part of the team that discovered one of Canada's biggest finds.
The geologic location of the lake and these targets is in the general area where major discoveries have been controlled and financed by companies such as De Beers and BHP Billington.
Major investors like Pierre Lassonde have put their money into this once $2.00 a share stock.
It's pretty simple. When they announce their drill program plan, or if the testing they mentioned yields something exciting the stock will triple or more.
And if they discover something at the bottom of the lake, or any of the other prospective areas, then the stock will move back to over $1.00 and then hopefully beyond.
At the end of the day they have a great team and are looking for something huge in a very prospective area for Diamond discoveries. These things take time and they'v been at it for over 15 years.
They're due for a big win. They and we deserve it for all the work they've put into it.
This story could have a very happy ending.
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