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Bullboard - Stock Discussion Forum Orecap Invest Corp V.OCI

Alternate Symbol(s):  ORFDF

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... see more

TSXV:OCI - Post Discussion

Orecap Invest Corp > Spiked up to .17 today
View:
Post by wasluckyonce on Dec 17, 2020 4:03pm

Spiked up to .17 today

Wonder what that was about?
Comment by ggrellette on Dec 17, 2020 4:19pm
Here r 4 possible reasons why the stock spiked today: 1) Anticipation of news - market timing 2) Leaked news from lab on drill results 3) New Investors finding the stock 4) Technical analysis showing or indicating a future rise in the stock price
Comment by bullmetal on Dec 18, 2020 8:56am
5/ PRICE OF GOLD IS MOVING UP AGAIN 6/ ORX IS WORTH WAY MORE THAN 15 CENTS 7/ GOLD PLAYS ARE BEING OVERSUBSCRIBED ALL OVER.  RETAIL MARKET IS STARTING TO SHOW UP HERE AND EVEN IN BITCOIN 8/ EUPHORIA BEGINS IN 2021
Comment by ggrellette on Dec 18, 2020 11:57am
Although these seam to be reasons they r not. These r preferences ones thinking. AKA Pump lines 5) No Correlation to jr. mining exploration stocks 6) Matter of opinion 7) Only those that show there is huge potential based on previous drill results 8) Wishfull thinking. Nevertheless the reason, if u r a shareholder it really does not mean anything that the stock spiked and then retracted. It only ...more  
Comment by bullmetal on Dec 20, 2020 8:43pm
GRELLETTE... IF THE PRICE OF GOLD DOESN'T MATTER,  WATCH GOLD STOCKS TOMORROW.  WHAT ARE YOU DRILLING?  ANSWER: GOLD MARGINS MATTER IN BUSINESS AND YES DRILL RESULTS TRUMP EVERYTHING BUT THE POG REALLY MATTERS.  THEY JUST PASSED A 900 BILLION DOLLAR RELIEF PACKAGE.  THIS IS THE START OF A NEW ERA OF QUANTITATIVE EASING... AN EPIC GOLD RUN CONTINUES!!
Comment by jpinkman on Dec 21, 2020 9:41am
it ran from .12 - .17 and a trade of 5000 shares dropped it to .14.5 or .14. my thought was that some saw drill cores and decided to buy based on that. enough workers can use their phones and make some buys. just a thought. prob "someone" here sold those shares so they wouldn't make money and could complain about it. LOL.
Comment by ggrellette on Dec 21, 2020 11:48am
Bullmetal:    Technically there is ZERO correlation between POG and the movement of jr. mining exploration stocks. Yes, when there is enough movement on the price of gold it will draw sentiment to the sector which in turn makes people believe in the value of gold to which drives them to buy gold stocks or bullion directly. What u listed as add ons r of your opinion but not REASONS. I ...more  
Comment by bullmetal on Dec 22, 2020 6:46am
LET'S AGREE TO DISAGREE...  IT WILL MAKE 2021 EASIER! THE DRILL RESULTS ARRIVE WHEN THE LAB SENDS THEM TO US...   HAVE A MERRY CHRISTMAS GRINCHLETTE!
Comment by ggrellette on Dec 22, 2020 11:42am
Thks Bullmetal and the same to you and your love ones. Remember I am a realist not a dreamer or cheerleader. There r enough of those here already.
Comment by Marphine on Dec 22, 2020 1:35pm
Nice to see your evolution from "perma bear basher" to realist, G 2021? Knight drill results,  potential Juby consolidation, finally a Mirado Breakthrough, maybe some evolution in McGarry/Omega?, good news for QCCU/FIND, MIS, AEG, and continued rise of the gold price will cheer our ORX shares up to new highs, imo. Gl and happy holidays
Comment by ggrellette on Dec 22, 2020 2:25pm
I do realize it is difficult for you cheerleaders to decipher between a basher and a realist. Let me help u out in deciphering between the two. Bashers just see negative outcome. Realist see it for what it is at that moment and do not take in account speculation or pumping. Knight drill results is what I am waiting on. The pumpers never want to accept reality, they live in an alternative ...more  
Comment by stockinup on Dec 23, 2020 9:46am
Agree on the pumper and basher narrative ggrellette. Have to disagree on the POG lifting juniors though. In August my portfolio of juniors was looking very sweet, all except for ORX, which I'm still scratching my head over. The juniors are always the last to move when the POG goes up like it did over the summer, but they do eventually go. Even without any significant news. The producers move ...more  
Comment by ggrellette on Dec 23, 2020 3:20pm
POG moved $1,000.00 which in turn generated excitement in the gold sector. It is the overall movement that fueled speculation whiich drove these stocks higher with investment(pp). These stocks(Jr. mining exploration) do not move on a daily basis inconjuction with the POG movement on a daily basis. I hope this now clears up any confussion about the POG moving Jr. Mining Exploration Plays.
Comment by jpinkman on Dec 24, 2020 3:28am
nobody said jr's move on a daily basis due to the price of gold!! sounds like something trump would say! just make sh!t up.
Comment by bullmetal on Dec 24, 2020 8:34am
GOLD IS UP 30 PER CENT AND THE WHOLE GOLD MARKET HAS REACTED POSITIVELY TO THIS EVENT. THERE IS ABSOLUTELY A CORRELATION ALBEIT NOT DAILY! 2020 WAS   THE YEAR OF FILLING OUR BOOTS! LET'S BE SAFE AND LOOK FORWARD TO 2021 BEING OUR YEAR OF DRILLING RESULTS.  I WILL CONTINUE TO BELIEVE IN THIS UNTIL A DRILL TELLS ME OTHERWISE... WE WILL BE BEYOND A BUCK THIS TIME NEXT YEAR ...more  
Comment by stockinup on Dec 24, 2020 10:03am
Ya bullmetal...I don't think his wife will be so generous with the pardons like he is being. Its more like...'pardon me "The Don", but you're gone...out of my house too. And he'll probably sue her too...lol. Funny!! SU
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