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 > SHAWSHANK REDEMTION IS NOW AND FUTURE

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Comment by jfan22on Apr 22, 2021 5:00pm

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Post# 33052036

RE:RE:RE:RE:RE:SHAWSHANK REDEMTION IS NOW AND FUTURE

No, gold price going up 100% does not make ORX worth $250M.

If ORX's assets were worth 250M even on a 100% attributable basis, KL backs in and ORX MC is 62.5M. So what you're saying is actually that ORX's assets are worth more than $1B on an 100% attributable basis.

Even if that were true, our P/NAV would still be 0.5 or less due to our early stage of study, so really we'd need to show a >$2B NPV on our properties to have that market cap. After tax (30%) and with any reasonable discount rate (+5%) that is simply not happening. Especially considering our ounces are low grade and higher AISC.

Don't bother with the price targets.

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