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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 DaveG999on Jun 19, 2024 2:24pm
184 Views
Post# 36096378

RE:From the blogosphere Yahoo

RE:From the blogosphere YahooWe are infomed by this post that institutions own more than 50% of the commin stock. No shocker. The Canadian public does not care about mining or gold  anymore.

But the four risks pointed oit by Simply Wall St do not apply. There are no earnings and wont be until 2026. So whether they go up or down until then makes no difference.

At the North Quebec Mining video, OSK president said he expects  400,000 oz a year from Windfall, half accrueing to the company - and that other miners with that much production are worth $3-4 billion.

Compare that to $1.1B . If he is correct the stock will triple (at least) by 2026  to $8 a share.

So either a) he's lying b) he doesn't know what he'stalking about c) the Canadian publlic and institutions are diisinterested

I pick 'c'.

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