Olivut Resources Ltd V.OLV

We Have Been Down This Road with Pierre Lassonde Before

[JedDavis]

I will now be entering my third decade of six-figure share investment in OLV.V. LIke everyone else, the private placement is great news. It shows that Pierre Lassonde, who owns 18%+ of Olivut stock, is still invested in the project and has, by no means, abandoned or written off OLV.V. The question is this: Is this life-support or renewed enthusiasm via a discovery or breakthrough? 

Pierre Lassonde has made similar placements through the years but since 2012, up until which time Lasssonde regularly commented on OLV.V via King World News interviews, I really haven't found too much in the way of Lassonde public discussion about Olivut. Taking into account the latter coupled with management's aversion to openly sharing inside information with investors, I find that it is hard to read too much into this latest tranche. Let it be clear: The private plaement is positive no matter how you read into it. But what does it mean? And why now?

The only insight I can offer is this: I am a huge fan of Pierre Lassonde. In fact, there are few people in the business world that I respect more. Years ago, I made a close study of Pierre Lassonde. He is a remarkable individual. His integrity if off the charts. His business insights and foresight is legendary. He is educated, wildly philantrhopic and a first class gentleman. [ And unlike his longtime partner Seymour Schulich, he knows how to dress :) ] 

The one thing that intrigues me the most about Pierre Lassonde is his respect for money. If he bought a package of batteries at the drugstore and discovered they were half dead, he would be just as determined to get his money back as he would if he had made $1,000,000 investment in a start-up. Somewthing wrong with him? No. Is he cheap? Anything but. You see, Pierre Lassonde always wants to get a bang for his buck. It is not about the money per se. It is about feeling that you  got the proper value for whjat youj bought. Lassonde is a billionaire. He is beyond monehy per se. It is all about "value" and "getting your money back" rom an investment.

Given the above discussion, I cannot imagine Pierre Lassonde writing a check for something he did not believe had an ex cellent chance of making money. Therefore, I see the latest tranche as a positive sign. But I would not read too much into it. We have been down this road with Pierre Lassonde many times before.

[dffdsff]

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[stever50]

It would be nice if Pierre mention Olv 

[Diamondfinder]

I agree we have been down this road before when Pierre invests more money or talks about OLV the share price tends to pop ! when I first invested in Olivut many years ago we were in a commodity bull market where money was easy to raise and things were good ! in the last 8 years or so we have been in a market where it was really hard to raise money for juniors but in the second half of 2020 and

[Janalexander]

I'm a belgian investor in olv, we have to wait and see wat happen.. like Jed Davis discribe about Mr Lassonde i can only confirm.. The only person from who i listen all intervieuws twice is Mr Lassonde, As a interview with Danille Lacombe about Orla Mining wher he smile a bit and explane the meaning of Orla : Or-la  : Gold-Lassonde .... Someone follow the performance of Orla

[Ekatimine]

Happy New Year to All !  OLV - lets hope they have something nice in store for us in 2021! Aside from the dilution during the years you could say the potential is still fully intact. Maybe this time good news will come during a boom in commodities ( late 2021? ) what would make a hell of a difference. Eka

[Ekatimine]

Lassonde had a nose for it, that's for sure! Didn't follow Orla. Must say I'm not so familiar with mining stocks. Olivut is the exception. Janalexander, check your messages. Eka

[JedDavis]

Mon  Ami: J'aime beaucoup l'Olivut. Je vais en garder pour toujours ! JD

[stever50]

English please.   Anyone talk to leni at all lately