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TICKER: TSX.V:OLV WEBSITE: http://www.olivut.com The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates. "How about a diamond stock? Olivut Resources Ltd. (OLV:TSX.V) has a real good shot at the moon for very little money. The company has $8 million in the bank and 30 million shares outstanding. So that's about $.25 a share in cash. Stock trades around $.80. They have 2 million acres of land in the Mackenzie River Delta in the Northwest Territories. In their first drilling season they found seven pipes, three of them had micro diamonds. They’re drilling another 20 to 25 anomalies this year, as well as redrilling others. This is a whole new diamond province—a completely new discovery." (9/19/08) - The Gold Report Interview with Pierre Lassonde (09/19/08) |