Otso Gold Corp. V.OTSO

The Billion share club - what a joke !

[Mastertrader123]

While Brian Wesson has been hiding out in Sydney for the last year he has systematically destroyed this companies cap structure and given it away to the Russians.  Meanwhile he and Pandion keep giving themselves 30+m free shares. What a disgrace !!  Pandion you should know better.  On the positive side, least with Brian’s new found wealth he can finally buy himself a new wig.  Shame on you Pandion and Wesson family.  Shame.

[Bvukmanic]

Pandion are shady, unfortunately I'm familiar with them from another company they nearly put under. The Wessons are trash. Could be worse I guess, at least the old bat didn't get any free shares.

[5ilverlining808]

Have you ever played chess ? The pawns are the first for the King and Queen to send out as a move and the first to die in the defence of a few pieces of little statues. - Pawns = share holders - Castles = big houses in many countries - Horses = travel perks - Bishops = Sonny boy - Queen = Mama - King = Dadda There is one more child they tried to educate into the family business long ago, but she

[Bvukmanic]

The Russians are already in. I don't have a problem with them per se, but they're just financiers.

[Bvukmanic]

If you do some due dilligence on Brunswick - they're no joke. They were acquired in 2017 but you can still find financial statements online.

[calvin98]

... Let me copy what you said

[Bvukmanic]

I stand by that. Doesn't mean I don't think there's upside, blockhead.

[GoldenEra]

This post has been removed in accordance with Community Policy

[Bvukmanic]

Keep bashing, I didn't buy enough shares.

[Castling1]

Yep in a raging gold bull market like we had last summer all boats (share prices) float higher except that better quality mining investments attract more capital. Those are the times when financing deals are best made. What's the prognosis for the gold market, who knows, my best guess is up from here? The next 6 - 12months might prove to be a good time for gold mining juniors to line up

[Bvukmanic]

You wouldn't comtemplate a mine restart? WTF?? They need cash flow. They will do exploratory drilling, but infill and step-out is a higher priority to prove up enough for a 10-15 year mine life. Anything after that is unlikely to add much value when you need to discount cash flow. Rupert is entirely different geology, with high grade intercepts that the market always responds favourably too -

[Castling1]

Yes OTSO needs cash flow however.....the AISC to put Laiva into production will be a drag on future flows UNLESS the price of gold skyrockets.  It has nothing to do with resuming production and everything to do with the future gold price. Should the gold price firm up this boat will float regardless of production, I add that not meeting schedules and production targets going forward will

[fnapts]

As per most recent PEA 'traditional' cash cost $863, AISC $974 per ounce. The problem with the previous operator is that they were processing a lot of waste, because they didn't tighten the drill spacing. They acted like it was a broad disseminated ore, but it is a narrow vein sulphide ore that needed to be mined selectively, more like an underground operation. You don't know the

[Castling1]

We struck a nerve, tsk tsk. Costs are all crystal ball hokum, what I do know with the highest confidence is that the plant can't run faster than 130tph if the stockpile is full AG feed nom. P80 sized material. This is fact. To maintain feed rates closer to 180 tph requires another major cost input. If you can't process ore at a high enough rate AND maintain grade (this will happen) then

[fnapts]

The AG mill doesn't produce 'P80 sized material'. The primary leach circuit is around 250 t/h. Grade control is paramount, that's the reason this mine didn't work.

[Castling1]

Should have read 'AG mill feed F80', better now? No matter if  the leach circuit is rated at 250 tph, if the grinding circuit cannot produce at 250 tph then the leach circuit ain't going to produce at 250 tph will it my man. You wouldn't have made such an asinine comment in yr. post if you'd read my Post more carefully. The very best the grinding circuit can do is 180

[fnapts]

You don't know anything. The AG (primary) mill is actually 250 t/h. AG mill doesn't produce P80. You said you worked with Sprott, what did you do - make his coffee? 

[fnapts]

Thanks for your extremely basic explanation of what makes a mine economic, my man. By the way they have a primary AG, secondary pebble, and two cone crushers. The limitation isn't the grinding circuit, and even if it were, that's the simplest and least expensive aspect of their flow sheet. They have two leach circuits and are processing refractory aresenopyrite ore with nuisance copper

[Castling1]

You don't even know the flow sheet,.....roasting float conc sulphides and the grinding circuit isn't the bottelneck (proper term), you are truly a wacko LOL! Spare the investors the misinformation and move along rookie.

[fnapts]

You're delusional.

[fnapts]

I absolutely do know the flowsheet. You don't, because you're a phony. 'Bottelneck' is proper term? The mill underperformed, in part, because they were processing unmineralized granite. Maybe you scrubbed Sprott's toilet?

[Castling1]

LMFAO, perhaps 'english as a second language'.......ROOKIE? Best of luck operating Laiva's sulphide roaster. Pathetic.

[fnapts]

They actually don't have a roaster, they have a calcination furnace. I knew you wouldn't correct me, because you're a fraud. Go jump off a bridge.

[fnapts]

English is my first language. Limitation is a synonym of constraint. Blocking you now, racist jerk. 

[Castling1]

LMFAO, perhaps @english as a second language@.......ROOKIE? Best of luck operating Laiva@s sulphide roaster. Pathetic.