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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 > SHAWSHANK REDEMTION IS NOW AND FUTURE
View:
Post by bantaly on Apr 22, 2021 9:38am

SHAWSHANK REDEMTION IS NOW AND FUTURE

1 TO 2 DOLLARS RANGES BY THE END OF THE YEAR 5 TO 10 DOLLARS RANGES IN 5 YEARS FROM NOW IF ORX HIT THE GOLD BELT JUST LIKE GREAT BEAR AND KL,ANY COMMENTS?
Comment by bullmetal on Apr 22, 2021 10:27am
AS ALWAYS THE DRILL BIT IS THE TRUTH PART OF ALL THIS WHO BETTER, THAN KIRKLAND LAKE, TO HELP POINT OUR DRILLS IN THE RIGHT DIRECTION! WE HIT AND GO HIGHER!!
Comment by bantaly on Apr 22, 2021 10:38am
BILLION DOLLARS KL PLAYER I WOULD SAY WE ARE IN THE RIGHT DRLL TRACK ALL GOOD AND THANKS FOR YOUR COMMENTS MR: BULL
Comment by ggrellette on Apr 22, 2021 12:11pm
Shameless pumping BULLMETAL when I told you to hold off until we reach 20 cents but u just could not wait.
Comment by bullmetal on Apr 22, 2021 2:12pm
SHAME ON ME
Comment by jfan22 on Apr 22, 2021 11:28am
After KL gets their ~24M shares we'll have nearly 250M shares outstanding, not considering warrants + options. $1-$2 would imply between $250M-$500M Market Cap, while owning only 25% of our assets. I'm a bull for ORX but this is not a reasonable expectation at all, even if gold goes up >100% and we drill >1000 gram-meters intersections. Sorry.
Comment by bullmetal on Apr 22, 2021 2:47pm
LET'S SEE WHAT DEVELOPS ALSO, IF GOLD GOES UP 100% WE ARE WORTH WAY MORE THAN 2$
Comment by jfan22 on Apr 22, 2021 3:05pm
This is objectively untrue based on what this company currently is. Suggesting otherwise would show a fundamental lack of understanding of how to value junior mining companies. Please do not spread misinformation, it will only hurt ORX's share price in the medium and long term when what you're suggesting does not materialize.
Comment by bullmetal on Apr 22, 2021 4:12pm
IF YOU BELIEVE ANYTHING I SAY MATTERS... GOLD INCREASING BY 100% WOULD PUT ORX OVER 1$ NO PROBLEM
Comment by bullmetal on Apr 22, 2021 4:13pm
AND OVER 2$!
Comment by jfan22 on Apr 22, 2021 5:00pm
No, gold price going up 100% does not make ORX worth $250M. If ORX's assets were worth 250M even on a 100% attributable basis, KL backs in and ORX MC is 62.5M. So what you're saying is actually that ORX's assets are worth more than $1B on an 100% attributable basis. Even if that were true, our P/NAV would still be 0.5 or less due to our early stage of study, so really we'd need ...more  
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