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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (90123)10/6/2020 8:48:42 AM
From: Goose94Read Replies (1) of 202925
 
Osino Resources (OSI-V) Echelon Capital analyst Ryan Walker says "Top Pick" for the fourth quarter.

Mr. Walker says investors should "position themselves ahead of several potentially high-impact catalysts in the coming weeks and months, including drill results, a maiden resource estimate, and preliminary economic assessment of the Twin Hills Central (THC) portion of the Twin Hills gold project in the Karibib district of Namibia."

Mr. Walker rates Osino "speculative buy," with a $2.30 share target. Analysts on average target the shares at $2.45.

Mr. Walker says in a note: "Our positive view on OSI shares is based on our expectations of a significant maiden resource at THC (the first of numerous targets), bolstered by substantial exploration potential on a very large (6,700km2) land package in an established (and relatively lower cost) mining region in politically stable Namibia.

We also highlight management's previous success in selling the nearby Otjikoto gold deposit to B2Gold (BTO-T) for $180-million in 2011."

June 5 that Mr. Walker rated Osino "speculative buy" when the shares were worth $1.07.
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