Inca One Gold Corp V.INCA.H

Alternate Symbol(s): INCAF

Metals & Mining Gold

Inca One Gold Corp. is a Canada-based gold producer operating two fully permitted, gold mineral processing facilities in Peru. The Company is engaged in the business of operating and developing gold-bearing mineral processing operations in Peru, to service government permitted small scale miners. The Company possesses a combined 450 tons per day (TPD) permitted operating capacity at its two fully integrated plants, Chala One and Kori One. The Chala One Plant is a full-service milling facility, with weighing, sampling and metallurgical test facilities on site, along with crushing, grinding and carbon-leaching circuits, full material handling, desorption, smelting and tailings disposal facilities. Its Kori One facility has permitted capacity of approximately 350 TPD, which is located in the Arequipa region of Peru. It has-in house, metallurgical and chem labs, desorption and smelting facilities. The Company’s subsidiaries include Chala One S.A.C., EMC Green Group S.A. and others.

TSXV:INCA.H - Post by User

Inca One Gold Corp

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Comment by battlereadyon Apr 09, 2015 11:19pm

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Post# 23615288

RE:RE:One of my top small cap picks for 2015

Inca One has a massive debt load from all their financing. I am not sold on this company yet as they have not proven themselves. But they are meeting their targets. The last financials don't look good. Now another $1.5 million US debt. In their presentation they note market caps, acquiring more plants and potential revenues. How can they do this with their debt load? I like Standard Tolling much better. Symbol TON. Recent Equity financing leaves TON with a stronger financial position than Inca One. Plus lower market cap.

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