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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 labrador6on Nov 16, 2019 4:11pm
64 Views
Post# 30360739

RE:ORX's investments

RE:ORX's investmentschristo, it's easy to know if Pore spinout was really generous to you. All you have to do is mention to me  how many ORX's shares you had before the spinout, when you bought your shares, your average cost, how many Pore's shares you received (and you don't received 1 Pore for 4 ORX shares) and we know you sold at 31 cents.

Give me these informations and the calculation will be pretty simple to know if you should have sold before the spinout and bought another time ORX's shares after the spinout (IN, OUT and IN) OR if you made a good decisions to keep your ORX's shares until the spinout. It will be easy to know if you would have made more money selling before the spinout OR if the spinout was really generous to you.

I can confirm to you that PORE spinout was not really generous to me and I made a big big mistake to have kept my ORX's shares instead of selling before the spinout. The calculation is simple given the level that the share price reached in the weeks before the spinout and considering the poor performance of the stock (ORX) since the spinout.
Bullboard Posts