Bullboard - Stock Discussion Forum Osisko Development Corp ODVWZ

Primary Symbol: V.ODV Alternate Symbol(s): V.ODV.WT.A | V.ODV.WT.B | V.ODV.WT.U | ODV

Metals & Mining Gold

Osisko Development Corporation is a Canada-based gold development company. The Company is focused on-past-producing properties located in mining-friendly jurisdictions with district scale potential. Its projects include Cariboo Gold Project, Tintic Project and San Antonio Gold Project in Sonora, Mexico. The Cariboo Gold Project is an advanced stage feasibility level gold project located in... see more

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TSXV:ODV - Post Discussion

Osisko Development Corp > Osisko Development Intercepts 610 g/t Gold Over 0.46 Meters

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Post by Betteryear2 on Feb 22, 2024 8:31am

Osisko Development Intercepts 610 g/t Gold Over 0.46 Meters

MONTREAL, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the remaining drilling and underground chip sampling results from new development areas as part of its 2023 exploration program at its 100%-owned Trixie test mine ("Trixie"), within the Company's wider Tintic Project ("Tintic" or the "Tintic Project"), located in the historic East Tintic Mining District in central Utah, U.S.A.

Osisko Development Intercepts 610 g/t Gold Over 0.46 Meters (globenewswire.com)

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Comment by treehill on Feb 22, 2024 5:20pm

Early Wednesday Osisko announces that they expect a non-cash impairment due to a reduction in the value of the Trixie mine. Within 30 minutes of market opening the share price is down 10%. The next day they announce drilling results which would suggest outstanding prospects for the same mine. At the least they are sending mixed messages.

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Osisko Development Corp