Opus One: AI versus JK

Why do you think your bottom-fish description of Opus One Gold Corp is superior to what AI services like GROK and ChatGTP generate?

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Opus One Gold Corp (OOR-V): Bottom-Fish Spec Value rated - JK owns

The 2025 Bottom-Fish Collection currently has 108 companies, most of them tracking sideways thanks to some missing piece, which in some cases is simply an audience that cares about resource juniors. Market interest in resource juniors remains dismal despite gold making it above $3,000, and now it is haunted by fears that Liberation Day is creating a general bear market that will leave resource juniors with an even smaller audience. Personally I think resource juniors are poised to become important exploration and development vehicles as the Global West scrambles to secure raw material supply it can no longer count on receiving from Global East nations such as China and Russia. That is why I continue to persist in this business and spend a lot of time researching and writing the stories that could turn a bottom-fish into 5 times or more winner.

More and more, however, people are bugging me to use AI to do my research, which I have resisted because if it works, then everybody can do it and nobody will have a reason to pay $10 per month for a Kaiser Watch Substack subscription. But this week I capitulated and asked somebody to use a few AI large language models to research Opus One Gold Corp which I had written up earlier this week and posted as a Tracker in Kaiser Research Online.

The result is quite impressive and I have posted the best report as a separate unrestricted Substack comment so readers can compare. Having taken a close look at Opus One during the past week a quick survey of the AI report indicates that the quantitative facts appear to be correct, and the sequencing of the narrative is coherent. The main issue I have is that I cannot bring myself to read it from start to finish because it is very boring. Plus at the end the conclusion is along the line of "on this hand, and on the other hand, etc" which leaves it unclear what action to take with what hoped for outcome.

I obviously don't think what I wrote is like that, but then I am biased after having spent quite a few hours assembling the story, talking to management and writing it up. So the question for Kaiser Watch Substack subscribers might be, is JK's Bottom-Fish writeup about Opus One Gold Corp worth paying $10 per month to read in full, or is one better off asking an AI LLM such as GPTDeepSearch? Below is my Bottom-Fish writeup for Opus One Gold Corp. Check Substack for the unrestricted AI writeup.

Opus One Gold Corp was confirmed as a member of the 2025 Bottom-Fish Collection on December 17, 2024 at $0.05 based on the junior's completion of a $1.5 million financing to facilitate a 7,000 m drill program in Q1 of 2025 on the 100% owned Noyell gold project in Quebec. The junior was featured as part of the 2020-2021 Bottom-Fish Collections based on a drill program undertaken on Zone 1 at Noyell which pushed the mineralized zone deeper, but since then the junior has been treading water unable to raise money for further work. That began to change after May of 2024 when CEO Louis Morin, who has been accruing his salary for several years, reached into his pocket to help make the final $200,000 payment that vested Opus One for 100% of the Noyell project with no royalties. That and the rising gold price perked awake Opus One shareholders. Declared insiders own only 2% of the 207 million issued, and another 15% is owned by various Quebec institutions. A key missing piece is evidence of a high profile backer, the absence of which usually dooms a junior to a stiff rollback. It turns out that Opus One is far from a market orphan because it has attracted a large following of private Quebec based investors and business people.

The rising gold price of the past year has helped revive interest in what is an orogenic vein gold play with a haphazard exploration history that started to become a focused story in 2020-2021 when 5,104 m of drilling by Opus One demonstrated that the grade of Zone 1 improves at depth. The 2025 program has a twofold objective of demonstrating that the hitherto ignored upper 150 m of the 400 m Zone 1 segment within the 10 km portion of the Douay Cameron Deformation Zone covered by Noyell is also mineralized, and that good grade persists another 75 m down dip from the 350 m level tested in 2021. Drilling started in mid February 2025 and in mid March the program was expanded to 9,000 m for a total of 22 holes completed by the end of March. A $2 million private placement for $0.05 hard dollar units and $0.065 flow-thru was announced on March 25, 2025 to pay for the expanded program and for follow up work this summer. If the entire financing is completed fully diluted would climb to 262 million shares.

Assays will arrive during April and May, but, unless they are substantially better than in 2021, the market is unlikely to respond until July when the geologist driving Noyell, Pierre O'Dowd, has compiled a new understanding of what is going on at Zone 1. The goal is to establish a 1 million ounce medium grade gold resource suitable for a standalone underground mine, which the current program is unlikely to achieve because the tonnage footprint tested so far at Zone 1 is only about 2.6 million tonnes, which at a 5 g/t average grade would represent only 400,000 ounces. But if something along these lines is established it would be a stepping stone for resource expansion by chasing the high grade shoots within Zone 1 deeper and searching for repetitions of this zone within the 10 km strike of the controlling fault system.

The hitch is that the Noyell property is very boggy with no existing roads, which means that a summer drill program would require helicopter support at 3-4 times the cost of a winter drill program. That means a six month drought in information flow unless raising money at a much higher price becomes easy, which would only happen if the market becomes convinced that a sustained secular gold bull market has begun. The key missing pieces for Opus One Gold Corp are thus assay proof that Zone 1 at Noyell is moving toward the million ounce target and a resource junior bull market that facilitates financing at better prices to fund year round discovery delineation at Noyell.