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Opus One Gold Corp V.OOR

Alternate Symbol(s):  GFKRF

Opus One Gold Corporation is a mining exploration company. It is focused on discovering gold and base metals deposits within strategically located properties in proven mining camps, close to existing mines in the Abitibi Greenstone Belt, north-western Quebec and north-eastern Ontario. It holds assets in Val-d'Or and Matagami areas. It owns three properties along the Casa-Berardi-Douay-Cameron deformation corridors in northern Abitibi for a total of 285 claims covering 10,860 hectares (ha). It includes Noyell Project, Vezza Extension and Vezza North. Its projects include Fecteau, Courville, Wemindji and LaGrande. Courville Property is located in NTS 32C/06 in the Vallee-de-l’Or county municipality. Courville property consists of two distinct claim blocks. La Grande property is located within the La Grande lithium exploration district. La Grande property consists of three claim blocks covering an area of 1,541 ha. Wemindji property consists of one claim block covering 2,590 ha.


TSXV:OOR - Post by User

Post by Patrick2Lintonon Oct 28, 2023 2:30pm
118 Views
Post# 35705758

Roll back coming?

Roll back coming?

With all that cheap paper coming out you have to wonder if a roll back is coming before or in parallel to the next financing. Under the current share structure will they be able raise enough capital to drill their projects? Rock and chip samples are nice for the pumpers to work with but that doesnt show depths and widths. Drilling is the only way and that costs money. Cash on hand as at May 30 was $227k which was 5 month ago.

When the clowns are causing a distracton be careful of the pick pocketers relieving you of you money. There is a reason this stock is trading at pennies. Just my two cents. Gracias. Tik tok. Cheers mate.

 

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