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Olive Resource Capital Inc V.OC

Alternate Symbol(s):  XTERF

Olive Resource Capital Inc. is a Canada-based resource-focused merchant bank and investment company. The Company is focused on investment opportunities in the junior resource sector. The Company's assets consist primarily of investments in natural resource companies in all stages of development. The Company manages a portfolio of investee companies, providing the Company with precious and base metal pre-production exposure, as well as pre-production exposure to the United States agricultural sector. Its investments are split into three portfolios: Merchant Banking, Quantitative and Hedging. Its portfolio consists of public equities, private equities, debt, convertible debt and warrants. The Company’s portfolio includes Rockcliff Metals, Black Sheep Income Corp., Nevada Zinc Corp. and Guided Therapeutics Inc. The Company’s subsidiary is Norvista Capital General Partner I Ltd.


TSXV:OC - Post by User

Bullboard Posts
Post by redfish4on Jun 07, 2008 11:01pm
406 Views
Post# 15158276

BWN

BWNseems to me that BWN is the dominent partner here ...so why would you buy XT if anything you should be buying BWN

Because i'm in yet and only 6 millions shares for XT

A assumption
Junex 6.24 by shares * 54 000 000 total shares = 336 960 000$
If we suppose that Junex and XT would be exactly identical. (same acres..). Then XT equal too at 336 960 000$
XT = 336 960 000/ 6 000 000 total shares =  target 56$ by shares


But Junex have much more acres that XT, then the 56$ is too high for XT. But i think target 10-12$ can be realist
Bullboard Posts