Olivut Resources Ltd V.OLV

Positive News ignites action

[Buyingthebid]

The recent news has been flat out amazing. Of course why overdue press releases with verbal overkill when there's a window for accumulation.
What's accumulation ?
That's when "smart money" people with a longer view and bigger picture mindset start to buy seeing a huge future others may not.
They see HUGE potential value. But it's not a sure thing.
What is occuring is called hitting the bid. The buyers are not bidding $ .105 or .11 or .115  -  just buy the ask. That's why the bid currently is $0.10 and the ask is .12.
People are leaving a lot of money on the table in situations like this. Raise you ask and watch the money continue to hit the bid.
This story really has yet to catch the big headlines it deserves yet. Still early - loads of potential to come.
It still is hard to believe how this is unfolding.
Is the area of interest in a province where massive Diamond finds have been discovered - Yes.
Have they been putting in years of search efforts - Yes.
Is there a strong base of wealthy investors including Pierre Lassonde involved - Yes
Have they found garnets and diamond indicator minerals - Yes
Have they found micro and macro diamonds - Yes
Have they found the source kimberlite - ?  If you wait till that answer you'll have to pay much much more.
Be prepared for this stock to go much higher.
Sadly most will leave this party way to early.
It's hard not to sell when you turn a profit.
People buying now at $0.12 are likely thinking much much bigger.
If the diamond kimberlite is found after the next round of exploration, then a $2.00 plus valuation is likely.
Seems as well they have a great team of experienced players to execute.
As far as partners go, of course it's very likely some major players are starting to follow this story closer.

[Buyingthebid]

Apologize for the confusion. Meant to communicate that what is happening is called " lifting the offer ".   Not hitting the bid. That is when buyers are buying at what the sellers price is offering. Cheers and best of luck to everyone.

[stever50]

Buyingthebid see you are new here. Do you have shares?

[Buyingthebid]

Yes. The question should also Arise "Why would one own shares?" The idea with these types of plays is "The huge payoff" No one is going to high five you if you buy at $0.14 and sell at $0.20. Therefore the goal here is to "hit" the discovery. And unlike so many other junior plays where they may hit, next thing you know they have 400 million outstanding shares and no

[JedDinvestor]

Buyingthebid: This summation of the situation is very clearly stated and to the point! I am in total agreement with everything said. JD

[DRILLFILLBILL]

Well, we're waiting.   I've been waiting for 10 years, this coming August. 

[stever50]

Guess we have to sit and see what there next steps are ,has anyone tryed to email Leni at all or have heard anything. Wonder if talmora got a lot of interest at the PDAC. They did have a booth