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Bullboard - Stock Discussion Forum Otso Gold Corp. V.OTSO

Otso Gold Corp is a gold mining company. The company's only segment being acquisition and exploration of gold resource properties. Geographically, it has a presence in the Americas and Europe.

TSXV:OTSO - Post Discussion

Otso Gold Corp. > Spring 2021 Mine Restart
View:
Post by basbot on Aug 18, 2020 1:36pm

Spring 2021 Mine Restart

If anyone actually believes that the Wessons have the capacity to restart this mine, I have a bridge in Brooklyn to sell you. 

The only thing the Wessons are really good at are enriching themselves at the expense of the shareholders. 

Between father, son, wife and any other hangers on they have sucked more money out of the company than any other entity they have employed to conduct work. 

There will be no restart simply because they have no ability to raise the US$10,000,000 required to do so.

Comment by rborhi on Aug 18, 2020 2:24pm
See May 12 news where Otso raised $8 million. See March 27 news where Otso raised $3.7 million. I think they need to raise a few more millions, but they're almost there.  And obviously have some time now to do it.
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