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Bullboard - Stock Discussion Forum Osisko Mining Inc T.OSK

Alternate Symbol(s):  OBNNF

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

TSX:OSK - Post Discussion

Osisko Mining Inc > How bad was the betrayal of stockholders by OSK mgtmt?
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Post by Goodtoreadthis1 on Aug 18, 2024 2:22pm

How bad was the betrayal of stockholders by OSK mgtmt?

Gold as we all know is now trading at over $2500 USD per oz. We OSK long term stockholders no longer enjoy economic benefit from gold's price rise because OSK management that beseeched loyalty from us, sold us out for $4.90C per share. 

Great Bear had 5 million oz of gold according to it's new owner Kinross. Great Gear was sold for $29 C per share. Windfall has 7 mil oz of gold and OSK mgtmt sold us out for $4.90 per share. While OSK was doing an enormouse amount of drilling at Windfall, OSK mgt was paying itself enormous amounts of salary dollars each year. 

So essentially we got screwed before the fact- the pinpointing of the gold, and after the fact , when the gold was discovered and documented. 

Will you join me in voting against this raw deal by OSK mgtmt?  Endorse this post if the answer is yes.
Comment by lastpick on Aug 18, 2024 6:57pm
To be fair you have to compare market values ($/ share * No. of shares) divided by Oz. of Gold. Not easy to make direct comparison since Oz. of gold is not accurate for each since more will be found with future drilling.
Comment by Kniexx on Aug 18, 2024 11:26pm
Been here since ngm... Roll over after roll over. .360000 shares turned into 4500 osk..lol  Fun to watch. This is not over.. wrong timing waited to long.. Switzerland will be no help.
Comment by Kniexx on Aug 18, 2024 11:26pm
This post has been removed in accordance with Community Policy
Comment by Kniexx on Aug 18, 2024 11:28pm
This post has been removed in accordance with Community Policy
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