DESCRIPTION: Otis Gold Corp. is a junior resource company committed to building a portfolio of quality precious and base metals projects, with their primary target being an expansion of the well-known, high-grade Kilgore gold deposit to 2M+ ounces.
The information provided below is based on the most recent information we have received from analysts, newsletters and other contributors to Streetwise Reports' The Gold Report or The Energy Report. We encourage you to visit the company's web site and call the company for more specifics on this company before you decide to invest.
"I recently went on a site visit to Otis Gold Kilgore gold project in Idaho. We have liked this name for a while. . .Going to the site showed me they had solid infrastructure and great project potential. I believe the main deposit there will be more than 1 Moz. after they finish a 6,000-meter drill program with potential to grow beyond that. Assays from two-thirds of what they've completed should start dripping out over the coming weeks and months. . .What really excites me is the potential they have on Dog Bone Ridge. . .where five large anomalies have been identified. . .Each anomaly is potentially the same size as the main Kilgore deposit, and two of them coincide with historical drill intercepts that showed significant gold mineralization. Management is planning to drill 2,000 meters on Dog Bone Ridge this season. . .I would also point out that they've got one of the best share structures I've seen, good management, geological talent and a modest cash position that should see them through this exploration season."
View Entire Article: Taylor MacDonald: Off the Beaten Path
Michael S. (Mickey) Fulp, Mercenary Musings
(07/26/10)
"Otis Gold Corp. was covered in early March Mercenary Musing and since then announced robust drill results at its flagship Kilgore project in east-central Idaho. Commencement of metallurgical work and studies leading to a prefeasibility study within the next year. Otis is currently drilling an 8000-meter program at Kilgore with goals of delineating, expanding and closing off the current resource and initial testing at the adjacent Dog Bone Ridge target. Otis was trading at $0.52 when my musing was released, moved to $0.60 on drill news and closed July 26th at about $0.45 on low volume during these bad summer doldrums. I think better times lie ahead for Otis in 2010."
The Gold Report Interview with Ron Struthers (07/23/10)
"I've been following Otis since inception. I know some of the principals involved and their geologists. It's important to have confidence in who's running a company. The other consideration is their gold in the ground. I think Otis is probably up to about half a million ounces. With this drill program, they're probably going to be closing in on the million-ounce mark. The key upside will be when they drill the Dog Bone Ridge target [on] the Kilgore deposit. . .the potential is 3 Moz. One could buy the stock now ahead of expected drill results because we know, from past drilling, that the gold is there. We should see some good results that could move the stock again. With Otis, the time and conditions are right—exactly how I like to buy junior golds on an exploration play. Downside is small but upside can be very high, depending on what the drills turn up."
View Entire Article: Ron Struthers: Eat, Pray and Hold Gold
Ron Struthers, Struthers Resource Stock Report
(07/20/10)
"I have followed Otis Gold since its inception and have known the principals of the company for about 10 years. Management and their geologists are very well experienced and know how to move a company forward. I have been waiting for the right time to present this stock and that time is now. The stock is down in price with the recent correction in junior mining stocks, and Otis just started another major drill program that should significantly expand gold resources with first assay results maybe five or six weeks away. . .In the past year, Otis has been drilling on the [Kilgore] property with very good results [and] recently started its 2010 drill program for up to 8,000m at Kilgore. . .results in maybe six weeks or so. I think, with the next drill program helping to expand the size of the deposit and moving to a prefeasibility, we will see a good increase in the stock price."
The Gold Report Interview with Mickey Fulp (07/16/10)
"Otis is a small company that has the Kilgore deposit in Idaho, with a qualified resource and 6,000 meters of drilling going on. I'm bullish on the idea that they will increase and upgrade that resource this summer and fall."
View Entire Article: Mickey Fulp: Summer Slump Good for Gold
PRINT THIS PAGE
EMAIL THIS PAGE
