Otso Gold Corp. V.OTSO

Think of it this way

[rborhi]

OTSO was just able to raise or get access to $11.7 million dollars from entities such as Pandion and Alumina Partners, in the middle of a pandemic with high economic uncertainties.

Surely Pandion and Alumina did some due diligence before giving access to their money, knowing that there is supposed to be a mine start up by July of this year.

Would they be doing this if they didn't think it was all aboard and full steam ahead?

[triple3]

That's exactly what I am thinking as well....kinda like coat railing Eric sprotts buys, His team does some serious DD beforehand. i would think Pandion and Alumina would be even more diligent and more conservative.

[FreeDom789]

This stock has the X factor written all over it! Already own 80,000 shares , but I'm so tempted to buy another 20-30 g's worth! Financing would not have come through in the last couple of days if the mine wasn't a go! Could very well be retirement material! Will sleep on it! GLTA

[Dummoney]

make it a full 100k. The maths easier

[triple3]

its now my biggest holding now and i agree its an assymetric bet for sure...but its still speculative...like someone said the other day without a mill running it has no value....its a very near term  explorer and development play...i was getting tired of waiting for optionality companies to pop...they require higher gold prices...this company is a winner at the present price of gold---at

[Dummoney]

yes, its valued as a spec until the mill starts grinding ore. The great part is that, other than more decent drills results every hurdle to production has been reasonably been removed. This is the best set up I've seen in years. Gold ready to pop and a producer ready to produce, priced as tho neither will happen. Silvers spiking tonight over $16 , gold still sitting. I'll bet anyone, that

[calvin98]

If my memory is correct nordic gold blasted, milled it, melted it all in a month.