Orecap Invest Corp V.OCI

Nice day to pick up cheap shares

[jfan22]

Looks like the seller who put 1.5M shares up for sale last week spooked some folks into selling. Just increased my position again.

GLTA

[bullmetal]

I ADDED TOO LIKE A PIG A THE TROUGH TYOOO TO THOSE WHO SOLD LOL

[ggrellette]

7.5 cents BULLMETAL and here we are back at where it basically started. Well it started at 5 cents but really did not move until 7 cents when ES stepped in.  Looks like not much improvement in the stock price other then 2 cents from the start. I guess when you add the shares from AEG whenever that occurs will give the shareholders more value.

[jfan22]

Yes, we are basically where we started but that doesn't mean we'll stay here. You seem to be insinuating nothing significant changed since ES stepped in but that is not true. We are drilling, we have cash and gold is higher then it was. ES being involved also lends a lot of credibility to ORX's team and story. 2 cent improvements is not all that has happened. The share price peaked at

[jfan22]

This video breaks down the incentives of flow through shares to high net worth individuals: https://www.youtube.com/watch?v=3T1I1ZxocPc&ab_channel=JonathanAdomait Basically, if you're in the highest Canadian tax bracket you get a very substantial tax incentive to participating in private placements if you buy FT shares. To break even on the transaction you only to sell you FT shares

[Apollo2014]

Thanks for sharing this video and your insight to it - this was a very good post. We are only at the end of March and the drilling season for the sector will be heating up...the year is still young and sooner or later the selling will dry up and we can get back to hopefully some positive speculation from up coming news/results.

[bullmetal]

YOU CALLED IT GRELLETTE!  WHO WOULD HAVE THOUGHT THIS COULD HAPPEN?  NOT ME BUT ALAS I AM WRONG.  I  ALSO EXPECTED GOLD TO BOUNCE TO 2000$+ WHEN BIDEN PRINTED MONEY AND I CAN'T BELIEVE GOLD WENT DOWN...  NOT MUCH MAKES ANY SENSE THESE DAYS.  GOOD CALL GRELLETTE.