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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. > Tick Tock
View:
Post by basbot on Nov 14, 2020 12:31pm

Tick Tock

Time is running out for a restart in April 2021.

Frankly speaking, I don't see that happening in light of the fact that the Wessons have demonstrated since July 2019 that they do not have the ability to raise enough capital to execute.

Forget about drill results, when they were not able to pay for the first round of drilling. How are they going to execute on the rest of the program?

What the have been able to demonstrate is allocate themselves 26 million shares, countless options, travel first class and pay themselves $97,000 per month.

The Wessons are short on results and BIG on looking after themselves.
Comment by calvin98 on Nov 16, 2020 8:52pm
Mr basbot, I'm curious how many shares you have. Seems your still trying to acquire more. It seems not to many shareholders will sell at these looow, give away prices. As the planned startup date is drawing closer, I would imagine a few months more won't discourage to many to sell. I hope covid doesn't slow things.
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