Bullboard - Stock Discussion Forum Osisko Mining Inc T.OSK

Alternate Symbol(s): OBNNF

Metals & Mining Gold

Osisko Mining Inc. is a Canada-based mineral exploration company. The Company is focused on the acquisition, exploration, and development of precious metal resource properties in Canada. It holds a 50% interest in the high-grade Windfall gold deposit located between Val-d'Or and Chibougamau in Quebec and holds a 50% interest in a large area of claims in the surrounding Urban Barry area and... see more

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TSX:OSK - Post Discussion

Osisko Mining Inc > whats the problem

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Post by gisellekronk on Oct 26, 2022 10:55am

whats the problem

gold is up , osk is down . what do you smart people think is the problem ? is it the financing they are going to need ?

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Comment by sr79 on Oct 26, 2022 11:11am

delays, delays, delays. Bulk sample results due early October, still waiting. Feasibility study was due 2020, 2021,2022, still waiting... If they cant meet any deadline, investors probably think we wont see production before 3-4-5 years.. And with a possible recession coming in 2023, some investors are getting nervous. This will be a 10M+ oz deposit oz so financing shouldnt be a problem.

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Comment by jcpopsicle on Oct 26, 2022 12:21pm

Gold has been up. US Dollar is down. Suddenly our volume is up, but the share price is down. We've been trading out of pattern this week. My thought: the Bank of Canada was going to and has raised their rate. Canadian investors are pulling out to pay bills. Sometimes the simplest answer is the answer. GLTA.

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