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Bullboard - Stock Discussion Forum Orca Gold Inc CANWF

Orca Gold Inc is engaged in the acquisition, exploration, and development of mineral properties in Africa. The company's mineral properties and exploration and project investigation costs are in Sudan, Cote d'Ivoire, and Burkina Faso. The company's project includes Block 14 Gold Project located in Sudan.

OTCPK:CANWF - Post Discussion

Orca Gold Inc > Great price to buy in
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Post by lumpy13 on Aug 20, 2018 10:40am

Great price to buy in

They keep progressing their project and the stock price has kept falling. But, there is a strong chance, given all the contrarian indicators, of a strong AU rebound, in which case this stock should jump. I bought more last week.
Comment by biscuits11 on Aug 21, 2018 10:48am
Agreed. This thing will be an obvious takeover target, assuming the FS is good (which I am assuming). To go from a PEA to an FS shows how confident mgmt is. Also considering that mgmt were the first people to cut the checks, they are likely looking for an exit to free up their capital. Given the new/recent drilling, I am expecting around 5MM oz of decently high-grade and moderately near surface ...more  
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