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Orecap Invest Corp V.OCI

Alternate Symbol(s):  ORFDF

Orecap Invest Corp. is a Canada-based company. The Company seeks special situation investments in the natural resource sector that offer diverse exposure to high returns on precious and critical metal assets and businesses. The Company has equity positions in portfolio companies, such as American Eagle Gold Corp., XXIX Metal Corp., Mistango River Resources Inc., and Awale Resources Limited, in addition to owning a portfolio of land packages focused on gold, copper and zinc. American Eagle Gold Corp. is focused on advancing its NAK property located in the Babine Copper-Gold Porphyry district in central British Columbia. Mistango River Resources, Inc. owns two flagship properties, such as Kirkland West and Omega project. Awale Resources Limited is a mineral exploration company focused on the discovery of large, high-grade gold and copper-gold deposits. XXIX Metal Corp. is focused on advancing both its Opemiska and Thierry Copper projects.


TSXV:OCI - Post by User

Bullboard Posts
Comment by paulindoonon Jun 14, 2018 8:21pm
97 Views
Post# 28175328

RE:RE:I'm licking

RE:RE:I'm licking.....vimyridge15..rather than repeat myself, i’ll just c/p from ceo:

If the (misled??) ones selling out of ORX, thus driving the price dn, are those that bought to get the free PORE div, then IMO they are operating under false premises of what the “worth” of ORX is!! A grave mistake is occurring. With ORX having approx $1 million in cash plus $1.45 million worth of PORE shares (5.5 million X $0.265PORE closing), that results in an evaluation of $5.37 million (92 million shares X $0.085 closing price less $2.45 cash) for all ORX assets including Mirado, whose PEA - https://www.orefinders.ca/march-1-2018/ - showed a $10.2 million NPV (per year for 3 yrs)!!! Heck isin’t the current evaluation @ today’s share price awfully close to what ORX value was at BEFORE the Knight project was acquired. This makes absolutely no sense what-so-ever!!!
Bullboard Posts