It’s hard to believe that in less than 1 year Osino Resources stock price has tripled. Like most stocks Osino took a hit in March, but rapidly rebounded, recently hitting a new 52 week intra-day high of $1.20(CAD). And it’s no accident. CEO and Founder Heye Daun started two successful companies before Osino that were eventually sold-off for major gains. It looks like the third time will truly be the charm. So far, Osino has had one successful drill hole after another. This year it has embarked upon an ambitious 20,000 meter drill program, of which 10 percent has been completed. There’s been a slight delay due to the Covid-19 pandemic, but Namibia has reopened for business and it should be smooth sailing ahead. Best of all, Heye has the cash to get it done. Fortuitously, the Company did a major capital raise in January, before the pandemic. It now has enough cash for two years of operations. Look forward to a maiden resource in sometime during the first half of 2021. (Disclosure: Shareholder and FSN Sponsor).
With everything it has going for it, no doubt more big gains are ahead.
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