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Bullboard - Stock Discussion Forum Opawica Explorations Inc OPWEF


Primary Symbol: V.OPW Alternate Symbol(s):  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... see more

TSXV:OPW - Post Discussion

Opawica Explorations Inc > Bargain price
View:
Post by Success2022 on Oct 03, 2022 11:42pm

Bargain price

At $0.05, the market cap is just above cash. They have $1.4M in the bank + $600K coming back as tax credits.
Which means the market is valuing the assets at around $0.
Sometimes the market gives you a gift. Now let's see those Arrowhead results any day now...
Comment by Success2022 on Oct 12, 2022 5:08pm
Sold my small position and broke even. The new acquisition is vague and there's some red flags for me...
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