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Quinsam Capital Corp C.QCA

Alternate Symbol(s):  QCAAF

Quinsam Capital Corporation is a merchant bank with a focus on small-cap investments. The Company is focused on the small-cap market with early-stage investments in the technology, healthcare, mining exploration, e-sports, and cannabis markets. The Company’s business may encompass a wide range of activities including acquisitions, advisory services, lending activities and portfolio investments. It invests its capital for its own account in assets, companies, or projects. The Company does not invest on behalf of any third-party and does not offer investment advice.


CSE:QCA - Post by User

Comment by SolexxXon Jan 18, 2021 11:43am
112 Views
Post# 32319994

RE:RE:RE:RE:Is this correct?

RE:RE:RE:RE:Is this correct?We will see how astute Roger is at timing the market. As for countries printing money, the global pandemoic has forced the G7/G20 to "print money" and that is what soverign nations do. If you follow MMT (Modern Monitary Therory) then you know that the value of all the major currencies is closely related to each countries ability to sustain economic growth compared to the USD. 
Since all G7 nations are increasing the money supply including the US I doubt we will see giant swings in CAD to USD as long as the USD is still the worlds fiat currency. 

I believe that the QCA share price is is climbing since the underlying US investments are climbing in value because of the change in US government.  This is likely to lead to federal declasification of Cannabis as a schedule 1 drug. 

Historically the end of prohibition of alcohol in the states created a huge growth period for booze, beer and wine companies. We saw this happen in Canada with cannabis. The scale of the post decriminalization boom in the US should be much larger than it was in Canada. 

Cheers

SolexxX
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