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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

Post by LedtoBelieveon Aug 12, 2020 11:06am
108 Views
Post# 31397879

Re: Thanks jpinkman

Re: Thanks jpinkmanI listened to the broadcast last night that you were suggesting on Sprot Money regarding last weeks' silver commentary + stocks that Eric was currently in favour of.

In a nutshell, Eric sees the price of silver perhaps going to a price of 15 to 1 versus gold (meaning it would take 15 ounces of silver to purchase an ounce of gold), from the present ratio of 75 to 1, and the ratio had got to 125 to 1 about 5 or 6 months ago for the number ounces of silver able to buy an ounce of gold.

How this impacts ORX stock is anyone's guess, but it can't hurt the general junior space that ORX is in, as I'm sure more investors may start looking at the junior minors.

It might make any silver by products from drilling prospects more favourable, that is for sure.

One final note from the Eric Sprott braodcast, was that the final quote of the broadcast are words that came from my suggested read "Bullion Banks Have No Way Out" From Big Gold Shorts" from ZeroHedge dated 8/8/20.

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