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XXIX Metal Corp V.XXIX

Alternate Symbol(s):  QCCUF

Metals & Mining Copper
XXIX Metal Corp., formerly QC Copper and Gold Inc., is a copper developer. The Company is engaged in advancing its Opemiska and Thierry Copper projects. The Opemiska property spans over 13,000 hectares in Quebec's Chapais-Chibougamau region. The Thierry Copper Project spans approximately 7,907 hectares and historically produced 5.8 million tons grading 1.13% copper, and 0.14% nickel. Thierry hosts two resource-stage deposits, including Thierry Underground, known as K2 and the K1 Open Pit.


TSXV:XXIX - Post by User

XXIX Metal Corp > QCCU market cap 17 mil
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Comment by paulindoonon Dec 17, 2020 8:22am
523 Views
Post# 32126409

RE:QCCU market cap 17 mil

RE:QCCU market cap 17 milSlide 5 of current QCCU Corp presentation: https://qccopper.com/site/assets/files/2670/qc_copper_gold_corporate_presentation_december_16.pdf
"• QC Copper & Gold owns a 44% equity position in Baselode Energy (FIND:TSXV) which is exploring for uranium in the Athabasca Basin area"

"Shares Outstanding (m)   40.49"

So, some quick math: 40,490,000 x 44% = 17,815,600 shares of FIND owned by QCCU.
FIND closing price 17/12 $0.68....
so QCCU chunk of FIND shares is alone now worth: $12,114,608.
Last PP closed Nov 30 adding $5,000,260 ..https://qccopper.com/news/qc-copper-gold-closes-5-million-financing/
Total liquid assets = $17,114,968...
yet QCCU closed yest @ $0.175 x 105m shares = $18,375,000 meaning that market is giving QCCU just $1,260,032 for Opemiska!
Need I say more re what a gem QCCU is??
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