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Opawica Explorations Inc V.OPW

Alternate Symbol(s):  OPWEF | OSOL

Opawica Explorations Inc. is a Canada-based junior exploration company. The Company has a portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi gold belt in Quebec. It owns a 100% interest in the Arrowhead, Bazooka East and McWatters claims located in northern Quebec, Canada. The Arrowhead property and Bazooka East property are subject to a 2% net smelter return (NSR) royalty. The nearest mine to Arrowhead Property is the Mouska mine located eight kilometers to the east. The Bazooka property is a 100% owned 1200 hectares (ha) land package. The McWatters property is subject to a 1% NSR royalty. The Company owns a 100% interest in 24 mineral claims located in Beauchastel Township, Quebec, collectively the Bazooka West property.


TSXV:OPW - Post by User

Post by 1rockiton Nov 05, 2024 3:50pm
69 Views
Post# 36297615

$$$ ;

$$$ ;Please, could someone explain to me y there's a 6 million dollar market cap on this. From what I'm reading they've got 2.75 million ounces proven at 3.5gpt ballpark. With that they've got 300 thous ounces at 3.3 got. Are these ounces down too far to justify mining. Is it going to be open pit or is it a vein deposit. Very very low share count, thus the very low market cap. Any imformation would be appreciated. 
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