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Olivut Resources Ltd V.OLV

Alternate Symbol(s):  OLVRF

Olivut Resources Ltd. is a Canada-based diamond exploration company engaged in the acquisition, exploration and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The Company has a 100% mineral interest in the HOAM Project located in the Mackenzie Region (the HOAM Project) and a 50% interest in the Seahorse Project (the Seahorse Project). Both projects are located in Canada’s Northwest Territories. The HOAM Project Area covers part of the Interior Plains region south of Great Bear Lake in the southwestern part of the Northwest Territories. The HOAM Project Area lies within three traditional Aboriginal settlement regions of the Northwest Territories: the Sahtu in the north, the North Slave in the east and the Deh Cho in the center and south. The Company’s interest in the Seahorse Project includes any mineral deposits discovered, whether diamonds or other minerals.


TSXV:OLV - Post by User

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  • dwightkerryX
Post by dwightkerryon May 30, 2023 1:43pm
221 Views
Post# 35470685

Land Back

Land Back
Just a thought.
If we are not using or exploring the vast landscape under exploration rights ; we should consider giving the land back to the stewards who already live and have lived their. Let them have the rights.
It's karma thing.
And in game theory the one who gives most usually ends up receiving the most back.
As well it would give the company a chance to focus on a smaller area and perhaps search for other avenues of revenue - like a Diamond Royalty company perhaps. Let's buy a few small diamond royalties and grow like Franco-Nevada. But with Diamonds not Gold. And our largest shareholder Pierre Lassonde could surely help out with this.
If Olivut released a press release saying that .. just imagine where the stock price would go.
Raising money would not be difficult when we have a clear winning plan backed by the Co-Founder of the world's most profitable streaming company. And investors could get in on the ground floor of the next Franco-Nevada.
Financially speaking we of course could sell the exploration rights and all of the data collected to an Indigenous Resource Developement group. And then we use the cash to buy our first Diamond Royalty.
Diamond Royalties do exist. And several streaming companies particiapate profitably.

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