Osisko Metals released news yesterday regarding an acquisition of Pine Point Mining. The acquisition now brings the the second largest past producing zinc mine in Canada into the Company. Jeff Hussey, President and CEO of Osisko Metals joins me today to share some further information on the project as well as the strategy of building the current resource.
I will also be picking up shares of Osisko Mining later this week. I feel this is a great time to buy since the stock has been under pressure, the Company has plenty of cash in the bank (just under C$40 million), and has three great land packages in Canada, including two of the largest past producing mines.
Click here to read over the presentation regarding the acquisition.
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