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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 rdy2rumbleon Feb 13, 2024 4:17pm
222 Views
Post# 35878406

RE:RE:RE:RE:RE:RE:RE:RE:RE:What happened John???

RE:RE:RE:RE:RE:RE:RE:RE:RE:What happened John???Congrats on SKE and TLG Tom, especially TLG.  As for the OSK's managment being wolf food... I dont have enough time in the day,, or desire to give a full throated answer but a few points. 
Share price says it all.. Eveyone here is losing money as of late Tom. Management has made some "Questionaable" decisions the last couple years..I think this has resulted in OSK's poor performance and lack of overall interest in what they have..  
NO ONE as of late, other than the company is buying OSK shares...
Market and Investment community agrees this is and has been dead money for a long while.
Little appearance of caring or creating actual shareholder value.
They decided to go with gold fields JV and loose half the company for basically peanuts when they could have been pouring gold for years already making money to continue to advance the project and limiting dilution.. Instead they will require more dilution while watering down shareholder value with thier slow, lazy approach to creating value. They could have taken out BTR years ago and had a fully functioning mill, tailings facilty and camp infrasdtructre push button ready bascially.. creating instant shareholder value, cash flow, and possibly eliminating dilution or the need to give half the play away.. AND this is still YEARS away from poring any gold,, permitting and costs to build will be a major drag as neither has goten easier or cheaper. In a couple years I'll take another look at OSK,, but the last couple, and next while dont look great in comparison to what else is available.
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