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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 Apr 21, 2021 4:32pm
94 Views
Post# 33039081

RE:Wheeler Dealer

RE:Wheeler Dealer"KL would have had some pretty top notch geologists looking at this before they jumped, so validates ORX's projects."

100%. KL's north american land package started as Kinross assets, traded for Kinross's Chile operations. KL's MC is bigger than Kinross. KL did the same with Fosterville. These guys don't lose when it comes to M&A.

These guys have a great technical team that finds value others either couldn't or have yet to. They have a lot of confidence they will come out ahead in this deal, effectively meaning they believe 50%/75% of these assets is worth significantly more than what they would pay to explore.

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