$10.00 Thats where were going, explanation to follow: Jerry, I hope you will weigh in here, as I don’t want to be an island, in all seriousness. Tonight, I am going to open pandora's box, Please bare with me, happy for criticism not looking for consent. There is no doubt we have something huge
and doubtful most have had this window on a stock in their portfolio, unless you owned KL 5 years ago @ $3.00!
Here is the QUESTION(S), we should all be asking in our inner voice or our outer voice! Q #1 - If you were this team, what would you do?
First off, there is no doubt in any ones mine (mind) these guys know what they are doing, and clearly, 6 press releases in 14 days, means lots of people
either touched this release(s), saw these releases or just heard, “ we got lots of news and its big, just own the stock”! Makes no difference, and if
you are a shorter best of luck if you are a seller, ask your self why?
With $300M now in cash and cash equivalents going into this next phase they have or should not have any debt, clean slate! Thee hundred million shares outstanding (300,000,000 )with 65% or more in the hands of institutions. Who knows who bought the last financing, it’s not yet public information, but soon to be revealed.
Publicly ( ploy or no ploy) they have said they don’t want a KL or anyone to help, buy out they are going to put this into production! I believe they will, and with this,
they just gave us a $10 stock or better. In that no one knows whats coming, but know it is, and just when we thought this was RSI “ oversold” they toss more info at us.
A stock, that just keeps on giving….Merry Christmas Stock!
Well, there is that burning question, “ What would you do”? Ok here is my lazy boy chair thoughts…..( arm chair critic )
Put it into production or be perceived to be doing so, any one wanting this now, is going to have to pay up and pay a big premium, how to do it. Forget the NI 43 101 coming, forget the PEA and or the Feasibility study, spring of 2020. Planing the strategy now, critical, so now they have lots of cash and no debt, why would you dilute your self any more?
The parent has $1B in cash and 45M shares and a NSR of 1%! What would you do?
BRIDGE LOAN, bearing very favourable rate, say 10% per annum ( they got cash to carry the day & continue drilling ) with security over certain assets of the corporation. Repayment terms over a 3 -5 year term from commencement of mill going into full production. Bonus warrants with a term matching the repayment convertible into stock. and an increase from 1% NSR to 2.5% or higher.
This creates a huge up side to the stock now, a) no longer need to go to the market for more equity ( no more dilution), unless they want to let friends in, mill gets built under great terms, again no more equity! On a buy out offer, they convert their warrants into stock, sell to the acquirer, debt is repaid, mill is in production and OR:NYSE/T gets a revenue stream in perpetuity. Once they get to the negotiation table, they can always drop the NSR to a more favourable rate, every one wins. Is this pie in the sky? Nope, not drinking tonight!! Hows my math? At the airport heading east.....
$4.3B USA ( billion) in ground asset / 300,000,000 shares = $14.33 /USA per share, so i’ve discounted my number to $10.00 CDN, seems fair, it does cost money to get the Au out of the ground.
So I go back to the start, “What would you do? The answer is go to production, don’t dilute and once the known resource is there, there will be many that will want this asset! Yes/No?
Oh yeah, 2020, 24 rigs will continue to grind us to a higher Au number…..how many companies have that many drills turning globally…GBR @ $7 dollar a share?
Sean Roosen, chair and chief executive officer of Osisko Gold, stated: "We would like to extend our congratulations to the Osisko Mining team, led by John Burzynski, for this excellent achievement and also for having delivered very positive results from the Lynx bulk sample announced last week (see Osisko Mining's news release dated Dec. 12, 2019). The Windfall project will deliver substantial benefits to the province of Quebec, the area’s first nations communities and other stakeholders.” JOBS, JOBS, JOBS!!!!
The Windfall royalty provides Osisko Gold with exciting exposure to a large area covering Canada’s next emerging high-grade world-class gold camp!
Now whats with this……last tick of the day…..yes, thats $3.82 @ 16:00 est or 1 pm pst! Can’t make this stuff up!!
| 16:00:16 | X | 3.82 | 0.18 | 1,000 | 33 Canaccord | 1 Anonymous
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J 103 “ What would you do’? Merry Christmas to all, and to all a GOOD NIGHT!
https://www.miningglobal.com/operations/gifs-5-stages-mining-life-cycle