RCKS Talk

Monday, February 12, 2018 Derek Macpherson

Osisko Metals 2018 Outlook: Close Acquisition & Drill

Download Report

Osisko Metals Inc. (TSXV:OM) provided an outlook for the company in 2018 and a summary of its 2017 corporate milestones. In 2017, the company materially grew its land position in the Bathurst Mining Camp (BMC) and announced the acquisition of Pine Point Mining (TSX-V:ZINC) which is expected to close in February. The company has planned to complete a detailed airborne gravity surveys and 50,000m of drilling at its Bathurst Mining Camp (BMC) in New Brunswick in 2018.  read more


Monday, December 18, 2017 Derek Macpherson

OM to Acquire Pine Point; Highlights Zinc Asset Scarcity

Download Report

Osisko Metals Inc. (TSXV:OM) has entered into a friendly arrangement to acquire Pine Point Mining Ltd. (TSXV:ZINC), for an implied value C$0.21 per Pine Point share (or ~C$31.9 million), a ~23.5% premium to Friday’s close. This equates to $0.013/lb ZnEq based on the current resource, $0.0038/lb ZnEq based on the historic resource. Peers are trading at $0.174/lb ZnEq. We view the acquisition positively for both Osisko Metals and Pine Point shareholders. For Osisko shareholders, Osisko does not appear to have overpaid for the asset, while at the same time can use it's considerable technical and financial strength to quickly advance the Pine Point project towards production. For Pine Point shareholders, while the premium is modest, they get overall exposure to a well-financially backed and technically strong pro forma company, while maintaining exposure to the Pine Point project. This acquisition stands out to us because it highlights the scarcity of transactable development stage zinc assets, and believe this could be part of a greater consolidation trend in the zinc space.  read more


Monday, October 23, 2017 Derek Macpherson

RCKS 5th Annual Fall Mining Showcase Presenter Preview

Download Report

On Thursday October 26, 2017, Red Cloud Klondike Strike Inc. will be hosting its 5th Annual Fall Mining Showcase. The event features presentations from 18 companies, including a themed breakfast and lunch presentation from industry leaders. For more details, please visit our event page. In this post, we provide a brief preview on the 18 presenting companies and 19 banner participants that will be in attendance.  read more


SUBSCRIBE TO HEAR FROM US

Gain access to exclusive mining industry research reports as well as additional mining industry information, promotional materials, press releases and news.

LATEST POST
CATEGORIES
RELATED TAGS
ARCHIVES

 

RISK WARNING:

Red Cloud Klondike Strike Inc. is registered as an Exempt Market Dealer (EMD) in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland & Labrador, and Yukon.

 

By accessing this website you agree to be bound by our Terms of Use and Privacy Policy.

 

Red Cloud Klondike Strike Inc. connects mining companies with suitable investors that qualify under available regulatory exemptions. For example, in Canada, according to National Instrument 45-106, Prospectus and Registration Exemptions. Similar laws and regulations apply in other jurisdictions. Companies presented on this website are considered to be highly speculative and, as such, are suitable only for purchasers who can tolerate the highest level of risk including the loss of their entire investment.

© Copyright 2018 Red Cloud Klondike Strike Inc. All rights reserved.