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Opawica Explorations Inc V.OPW

Alternate Symbol(s):  OPWEF | OSOL

Opawica Explorations Inc. is a Canada-based junior exploration company. The Company has a portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi gold belt in Quebec. It owns a 100% interest in the Arrowhead, Bazooka East and McWatters claims located in northern Quebec, Canada. The Arrowhead property and Bazooka East property are subject to a 2% net smelter return (NSR) royalty. The nearest mine to Arrowhead Property is the Mouska mine located eight kilometers to the east. The Bazooka property is a 100% owned 1200 hectares (ha) land package. The McWatters property is subject to a 1% NSR royalty. The Company owns a 100% interest in 24 mineral claims located in Beauchastel Township, Quebec, collectively the Bazooka West property.


TSXV:OPW - Post by User

Bullboard Posts
Comment by Blacknite4on Feb 23, 2008 7:28am
298 Views
Post# 14532068

RE: sold

RE: soldIf you think OPW is going to drop to 70-80 cents you're dreaming buddy. Hell will freeze over before that happens lol. I can't believe either you are serious or be that brazen to say that with a straight face. In case you don't realize OPW has a float of only 15 million shares. That is about 1/4 of most other mining companies. Therefore in terms of value OPW's shares should command 4 times the value of the average stock. Another way to look at it is dividing the current price by 4 you get about .30 cents. That is very cheap. Now you're suggesting it may drop to (80 cents divided by 4).20 cents? No I don't think so. Nice try though. Have a good day bn
Bullboard Posts