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Orecap Invest Corp V.OCI

Alternate Symbol(s):  ORFDF

Orecap Invest Corp. is a Canada-based company. The Company’s focus is on special situation investments in the natural resources sector, precious and critical metal assets and businesses. The Company has equity positions in portfolio companies, such as American Eagle Gold, QC Copper and Gold, Mistango, Awale Resources and Cuprum Corp., in addition to owning a broad portfolio of land packages focused on gold, copper and zinc. The Company’s portfolio includes American Eagle Gold, QC Copper and Gold, Mistango River Resources, Awale Resources, and Cuprum Corp. Its American Eagle Gold is focused on advancing its NAK property located in the Babine Copper-Gold Porphyry district in central British Columbia. QC Copper is focused on acquiring and developing copper projects in the Chibougamau region. The Company owns several gold projects: the Mirado project near Kirkland Lake, the Knight project in the Shining Tree District and the McGarry Project near Virginiatown, Ontario.


TSXV:OCI - Post by User

Bullboard Posts
Comment by Poriemonon Mar 27, 2017 12:34pm
88 Views
Post# 26036178

RE:RE:RE:Opportunity Cost

RE:RE:RE:Opportunity CostPerformance of the stock does not strictly indicate performance of the company, especially not for penny stocks. Otherwise, you're more or less just buying into the bigger fool theory wherein you'll buy regardless of company performance as long as you think the stock price is going to go up from here.  You talk about your decisions being fact based, but right now they seem very emotional.

I myself was very dissapointed with the stockpile news.  However, I don't believe the long term value of the company was dependent on the stockpile, and I'm pleased that the company has chosen not to dilute the sharecount.  The first 100 days of the presidency is losing momentum already and the price of gold is beginning to reflect the uncertainty and overvaluation in the US markets.

That being said, I too will be carefully reading the Q1 FS/MD&A when they are released, which is required to be released by April 2nd at the latest.  With all of the talk going around regarding additional funding from the stockpiles, it sounds llike someone knows something that I don't.  That's purely upside for me.  The bigger news will be what the PEA looks like and how well the value per the PEA holds up under a stress test.
Bullboard Posts