Orecap Invest Corp V.OCI

RE:RE:RE:RE:Still going nowhere.................

[KingAce]

KingAce wrote:

ggrellette wrote: Your dd is definitely on the money. You should go look at the American Eagle and what they did there. They explore shareholders instead of properties.

It sounds like you're confusing trading and investing. There are lots of bad investors and each entitled to their own opinion. Lots of mining claims go decades and never get explored in depth. Orx is drilling for their brother/sister companies in order to return capital for non Agnico drilling and additional properties with potential for groundbreaking discoveries. If you are looking to make a quick flip then start buying. 90% of the time when a company like this is trading this low they'll just be bought out for a small premium. There's no debt and longer term drilling at their flagship is locked in. I think they're well positioned to grow their portfolio. If you bought back when they hit their peak I can understand the frustration but maybe that's a hint that you should average down because the whole company as well as Mistango are very undervalued and it would almost be cheaper for Agnico to just do a takeover for 20 mil as opposed to spending 60 for a percentage

Or maybe I'll buy it for 20 myself. We'll see