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Bullboard - Stock Discussion Forum Bocana Resources Corp. V.BOCA

Alternate Symbol(s):  BCNRF

Bocana is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in South America. Bocana, through its wholly owned subsidiary, Huiracocha International Service SRL, holds a 100% working interest in the mineral properties known as the Escala area concessions ("Escala") located at the Department of Potosi, Sud Lipez Province, Bolivia as... see more

TSXV:BOCA - Post Discussion

Bocana Resources Corp. > Previous owners paid 10 times $BOCA's market-cap for Escala
View:
Post by Dollars4Pennies on Jan 24, 2024 10:19pm

Previous owners paid 10 times $BOCA's market-cap for Escala

From the other board in regards to $BOCA.v's Escala Project -> "Run by a CEO with O&G background who went to Bolivia in search of an O&G project and instead stumbled on this deposit with a nice margin of safety….I’m interested. Normandy acquired for $22M back in ‘99. BOSA has double the land package and trades at $1.5M MC"
Comment by lnggasfor202324 on Jan 30, 2024 5:51am
How much proven and probable now then?  Just as i figured and thats why the land price went down so much.  Bolivia isn't that stable of a nation either and can take anything away if there ever was.  I remember a bout 30 years ago russia paid a gold company in rupees.  Take a look at first quantum and suncor when they had a nice land package in Sudan.  I would stay far ...more  
Comment by Schloppasnv on Jan 30, 2024 9:56am
Starting to wake up here it seems. Let's see those results! Here is to hoping they go well:) Good luck everyone 
Comment by Fishercat1 on Jan 30, 2024 11:23am
Yup and more and more bashers showing up humm . Long Boca
Comment by lnggasfor202324 on Jan 30, 2024 2:14pm
Don't you get it?  The bids are dring up can we hit another 52 week low.  Time wil tell but theres only so many suckers.
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