Osisko Metals $OM.V Bob Wares chats with Doc Jones about the transformative GASPE COPPER option agreement with Glencore
OM.V has BILLIONS of pounds of ZINC and LEAD and now COPPER. OM deal with Glencore, one of the worlds largest mining companies is a real game changer, it gives them a partner with deep pockets and access to Smelter Capacity that few Jr. will ever hope to have. This locks for me the potential of both the Pine Point and Gaspe Projects to become producing mines in the future. GASPE -Glencore becomes largest sharholder -Off-take agreement for 100% of copper produced -RE out next week -Historical Resources +3.3 billion pounds of copper plus upside to Mo and Ag by-product credits -PEA year end -Porphyey Mt +200mt deposit grade is likely 1% cueq -Oxide stock pile is 30mt and will grow to 60-70mt PINE POINT -Updated PEA on May enhancing economics tremedously -Drill results pending -Huge never before drill target on tap -Updated RE coming and PFS Lots of other points, listen and take notes. After talking with Bob I realize both these projects resources will likely exceed my expectations. --- Send in a voice message: https://podcasters.spotify.com/pod/show/docjonesresourceinvestor/message