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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 pearlsinminingon Oct 05, 2017 2:33pm
125 Views
Post# 26782077

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:My crystal ball is repaired & back

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:My crystal ball is repaired & backMr Sandman ,

Many thanks for bringing that up. I only hope for your sake as ( large ? ) shareholder of ORX , that you did not miss other news releases and corporate presentations since then. Otherwise I certainly would better understand your frustrations.

So allow me to give you an update of what has happened since that NR you reference to.

First , I would advise you to read in detail the NR from mid March after the PDAC with the 12 month plan. And I want to draw your attention to the fact that the drillcore of the old Amax drilling was rediscovered at the MNDM and that ORX decided to resample them and to incorporate the results both in the resource update and off course the PEA. Perhaps also usefull is to go through the maiden resource report from 2013 , and you would understand why that drillcore from Amax and very specifically the 1981 drillcore is of great importance for ORX. To my knowledge this NR did not provide guidance on timing of the PEA.

The latest corporate presentaion however , dated June 12 and very specifically on page 14 , cites " expected completion in Summer 2017 " regarding PEA. To me Summer ends September 20th.

So coming back to my previous post on SH, yes indeed the PEA is late and just to make sure I am not happy either. But on the other side , I remain confident that the outcome will be positive for ORX and hopefully not to far off compared to my short writeup on ORX, which I shared both on SH and CEO.CA.

Good luck. Long ORX


Bullboard Posts