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Petrolympic Ltd V.PCQ

Alternate Symbol(s):  PCQRF

Petrolympic Ltd. is a Canada-based gold and lithium mining company. The Company is focused on its lithium exploration assets in the James Bay region, Basserode and Fourniere in Abitibi region as well as its gold exploration assets at Vauquelin and Rayon d’Or in the Val d’Or region, all in the Province of Quebec, Canada. The Li-1 and Li-2 Properties are in the James Bay - Eeyou Itschee area, approximately 125 kilometers (km) north of the town of Chibougamau. The Basserode and Fourniere Lithium Properties are in the Abitibi-Temiscamingue region, southwest of the Val d’Or mining camp, Quebec. Belcourt Property consists of 125 claims distributed in four blocks (Belcourt North, South, Central and West blocks), all proximal to one another and covering a total of 5,479 hectares. Its Rayon d’Or and Vauquelin Gold Properties are located within a gold mining camp in Northwestern Quebec. The Company also owns St. Lawrence Lowlands, Gaspe and Evangeline Lake Property.


TSXV:PCQ - Post by User

Bullboard Posts
Comment by StockBlock1on May 20, 2008 10:52pm
348 Views
Post# 15092084

RE: IMPORTANT trading info on the Quebec oil/gas p

RE: IMPORTANT trading info on the Quebec oil/gas p

Great post, but shouldn't we not be counting the shares in escrow? Which would give PCQ a float quoted market value of 26,795,319, and this would mean that we are extremely far off from the rest of the players in the area, in terms of float quoted market value. Now assuming that these plays should be roughly the same price in terms of FQMV, it would appear that PCQ still has a long journey upwards. Now the key word is assume, we all know that the world does not work on assumptions, but regardless we still have a ways to go.

The thing I like about PCQ is that the insiders are already positioned, knowing the huge potential here. My advice is sit back, smoke a cigar, and enjoy this roller coaster.

Bullboard Posts