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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 Sep 28, 2017 12:23pm
49 Views
Post# 26754086

RE:RE:Back to .065

RE:RE:Back to .065Can't buy at 0.065, can't sell above 0.065.

An interesting dilemna really, because if everyone is holding shares hoping for a pop - then who is going to sell shares to cause the pop?  Even if the entire 483K at 0.065 ($31.4K total cost) was willing to buy "at any price", all the shares for sale up to $0.12 (total cost $34.2k) would get wiped out.  I really doubt the guys trying to get in at $0.065 are willing to pay double what they're trying to get in for now.

So the dilemna - who is going to be the buyer? And what price are people really willing to accept?  And when the good news comes, are significant shareholders going to want out at the same time?

Even though we're expecting good news, I wouldn't expect a bounce to crazy levels.  Yes, the value will still be there, but this is not a pump and dump.
Bullboard Posts