Post by
blueboron99 on Jan 31, 2023 9:03am
New Partner - Osmose Limited
Just a few comments-
Osmose Ltd. is a global power grid amd power pole maintenance Company who has been in business for 85 years, obviously a proven track record with cashflow.
IMO, Osmose Ltd. is a heavy hitter and not a tire kicking Company.
Checkout their website at https://www.osmose.com/, particular the 2.5min video that summarizes their Company.
Last item, I see it was MMG Capital who referred Erin Ventures to Osmose Limited and I thank MMG Capital for their efforts.
You will recall it was MMG Capital that completed the objective evaluation on our revised PEA released back in June/22. Flash back- MMG Capital advised EV shareholders Piskanja was assessed to be valued at $0.79/share for each partner(Erin/Temas) from their financial assessment.
I expect Osmose Limited to deliver the $35.55M(Cdn) at todays conversion rates & advance the Piskanja into production.
A time to Celebrate & Cheers!
(bb-99)
Comment by
tmp251000 on Jan 31, 2023 9:41am
osmose will own 20% of ev (rounded off) and 45 % of Balkan Guld once it has advanced all monies.... no more PP with 3.5 million plus 500k just raised in the bank............the 10 cent price on financing should bring EV to 10 cents or beyond this week...........I figure Osmose also brings a crowd of NEW buyers to the table......... jus sayin.........
Comment by
Cancap22 on Jan 31, 2023 9:57am
The total dollar figure that Erin Ventures will receive once this package is delivered fully is $46.4 million Canadian! Tim mentioned in our last update that there are many things being worked on at the same time so this is going to be one of many great news releases in the coming months.
Comment by
gordo323 on Jan 31, 2023 12:00pm
I will post a few times today if there is somthing interesting HAPPENING.
Comment by
EasyEnough on Jan 31, 2023 10:00am
Not quite BB, you've identified Osmose Utilities Services Inc. Osmose Ltd. is a small 2-person (husrband and wife) company with llimited financial means. However, the husband sits a more than 20 BODs - many of them as a merchant banker - So he seems to know where the money is.
Comment by
tmp251000 on Jan 31, 2023 10:51am
easy are the two companies related.... if he is on 20 BOD that means spreading word at high levels I can only assume..........gapped up today but I assume real volume will come through the week..........I would think Diamond Fists is appropriate because where else do the shares come from
Comment by
tmp251000 on Jan 31, 2023 12:16pm
Sorry got called away....... the ONLY thing holding down price are the 3 existing shareholders .... many are waiting to get whole or close to it to bail.... some are getting $$$ back for PP that they have participated in..... we will need to turn this float to turn over few times before value is unlocked.......AIMHO...PS GTLA
Comment by
tmp251000 on Jan 31, 2023 12:21pm
Not 3 but many existing shareholders
Comment by
Lanagold19 on Jan 31, 2023 12:30pm
I don't think its PP money. That's not how they roll..
Comment by
tmp251000 on Jan 31, 2023 1:47pm
tomorow will be a very interesting day.........traders who see the new highs and bigger than normal volume and the gap may decide to participate .......... they can shhot price up along with volume Very quickly if they decide this is the play of the week
Comment by
Flames7 on Jan 31, 2023 2:02pm
It's the play of the month .This is just the beginning of a wild ride .Remember there is alot more boron not drilled for results yet .
Comment by
Flames7 on Jan 31, 2023 2:12pm
When I see it .135 I think we are off to new highs .