Scottie Resources Corp. TSX.V: SCOT | OTCQB. SCTSF | FRA. SR80
UNLOCKS ~C$9M FROM BULK SAMPLE — SUCCESSFUL ‘DRY RUN’ DEMONSTRATES FUTURE POTENTIAL DSO PATHWAY.
What does DSO mean to a retail investor?
It means “Accelerating Towards Production” isn’t just a catch phrase.
Brad Rourke and his awesome team …accomplished this in under a year.
Direct Shipping Ore avoids the significant costs and decades-long permitting nightmares associated with building processing plants and infrastructure, such as mills and tailings facilities.
You crush the ore and stick it on a ship.
Accelerated Market Entry:
The DSO model provides Scottie Resources Corp. a cost-effective pathway to market, allowing the company to generate cash flow sooner.
“They’ve validated a process for which the market is relatively unfamiliar. This was a tremendous derisking exercise.” — Brien Lundin, Gold Newsletter & New Orleans Investment Conference
At a Glance
Shares Issued 64,197,500
Market Cap 103,358,000
Year High 1.94 | Year Low 0.77 | Today 1.71 📈 ↗️
“We are extremely pleased with the success of this season’s Bulk Sample program.” commented Dr. Thomas M., President of the Company. “In addition to generating approximately $9 million in net revenue, we’ve gained invaluable technical and logistical insights. From permitting to mining, crushing, transporting, shipping and sale of the product, we will have executed the project in UNDER A YEAR, effectively demonstrating a scaled ‘dry run’ of our DSO concept.
With this proven pathway, we have strong confidence in the simplicity and efficiency of our DSO model. Proceeds from the sale will be used to fund our upcoming Feasibility Study and permitting work.”
Additional Information
Brad Rourke
Chief Executive Officer
+1 250 877 9902
brad@scottieresources.com