Orecap Invest Corp V.OCI

Alternate Symbol(s): ORFDF

Metals & Mining Gold

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.

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Orecap Invest Corp

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Post by LedtoBelieveon May 15, 2020 4:14pm

113 Views

Post# 31035768

Correction With Open Pit Numbers

On my last post, I hypothesized 100,000 ozs of gold at $1000 U.S per ounce profit per oz (open pit mining) at today's prices, creating $10 million U.S profit, but I redid the math, and it would be $100 million U.S profit or $140 million Canadian.

I also bet that the Ontario Government might also speed up the process in approving open pit mines given these economic times if it was going to an exsisting mill.

Just another way to look at things...

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