Bullboard - Stock Discussion Forum Osprey Gold Development Ltd. OSSPF

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Osprey Gold Development Ltd is involved in the business of exploration, development, and exploitation of mineral resources in Canada. The company's properties consist of Goldenville, Caribou Gold, Miller Lake, Gold Lake, and Lower Seal Harbour. Its Goldenville property is located in St. Mary's district, Guysborough County. The Caribou Gold property is situated in Nova Scotia. It's Gold Lake... see more

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Osprey Gold Development Ltd. > Buyout Potential

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Post by JohnnyYeg on Jan 31, 2020 7:44pm

Buyout Potential

Does anyone know what stage Atlantic was in before they were bought out by St Barbara?

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Comment by TheRock077 on Feb 01, 2020 9:25am

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Comment by JohnnyYeg on Feb 01, 2020 10:17am

Atlantic was bought for $722m. If Osprey was bought for $500m, that's about $6.60/share; for $300m that's $4/sh. I believe at least, and happy with those numbers!

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Comment by TheRock077 on Feb 01, 2020 12:28pm

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Comment by JohnnyYeg on Feb 01, 2020 1:28pm

Thanks Rock. You seem to have very in depth knowledge of the exploration in the area. Knowing it would just be your opinion, do you see anything in Osprey's release and Atlantic surrounding goldings to give an "educated" guess about what we're potentially sitting on??

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