Osceola Gold Inc. (OTC:OSCI) Stock On Watchlist After Financial Reporting
The continued strength in the price of gold is perhaps one of the reasons why the interest in gold mining companies remains stronger than ever, and one of the companies that may be worth looking into is possibly Osceola Gold Inc. (OTC:OSCI). The gold mining, exploration, and consulting company made a key new announcement about its financial report for the quarter ended September 30, 2024.
The Announcement
The company announced that it had completed and updated the report for the third fiscal quarter ending on September 30 last year. The reports, in addition to an updated attorney letter regarding current information, had also been uploaded to the company’s website under the Disclosures section. However, that was not all. Osceola Gold also announced that it had taken key steps to ensure that the annual report for the fiscal year ending March 31, 2025, gets filed on time.
Further Information
The company noted in the news release that the latest developments were a demonstration of Osceola Gold’s commitment to regulatory compliance, corporate communications, and transparency. The company also revealed that the mining operations were going to commence in the first fiscal quarter of 2025. It remains to be seen if there is any movement in the stock today.
Management Comment
“We are looking forward to resuming operations at the mine. As the price of gold continues to trade near all-time highs, we are optimistic about the financial outlook for the coming year,” said Tracy Pizzoferrato, interim CEO. “We are committed to delivering value to our shareholders. Osceola Gold remains focused on strategic growth and operational excellence. In accordance with our mission statement, the company’s merger and acquisition team is currently in the final stages of its due diligence on two additional properties that we expect to be able to discuss in upcoming press releases.
