NCIBWonder why Osisko is not eliminating a few million shares at these levels.
Most of the recent purchases were done between $2.90 and $3.10 in July.
Nothing in August despite OSK trading in the $2.70 - $2.90 range.
At $2.75, market cap. is $1B. Still too much compared to Windfall NPV of $0.6B with gold at $1700/oz.
Osisko needs to retire 50m shares from the float.
I won't add to my position until I see some sort of move.