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Orecap Invest Corp V.OCI

Alternate Symbol(s):  ORFDF

Orecap Invest Corp. is engaged in exploration, development and production of exploration and evaluation assets in Canada. Its projects include Mirado Project, McGarry Project, Knight Project, Grizzly Project and GSL Zinc Project. The Mirado gold project is located over 35 kilometers (km) southeast of the gold mining town of Kirkland Lake in northeastern Ontario. The focus of the Mirado Gold Project consists of 12 contiguous patented claims. The McGarry property is in Virginiatown, Ontario, within the Abitibi Greenstone Belt. The McGarry project encompasses 681 hectares and is comprised of 46 patented mining claims and five mining licenses. The Knight Project is located along highway 560 in the Knight and Tyrell townships of Ontario, approximately 80 km east of Gogama and over 100 km southwest of Kirkland Lake. The GSL Zinc Project is a 60,000-hectare property in Northwest Alberta. The Company also holds controlling interest in a Thierry Copper Mine located in Pickle Lake, Ontario.


TSXV:OCI - Post by User

Comment by jfan22on May 22, 2020 11:25am
90 Views
Post# 31060937

RE:Question

RE:QuestionI'm sure Orefinders has looked at it from the perspective of owning a significant land package nearby. There really haven't been any significant drill intersections on IMR's properties in terms of grades or lengths. At the end of the day, Orefinders is looking for value and hasn't ever acquired a company's flagship asset.

At the end of the day, IMR has no history of success in drilling and no resource. There is no value here. But you can bet they will keep raising money, exploring and selling hopes of future success while collecting salaries.

Waste of time company and property.
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