Orecap Invest Corp V.OCI

" If gold goes up ...

[5oceans]

... we will be worth over $2" someone mentioned here a year or so ago. Well, Au is up but without work that would show some indication that gold might be in the property, our shares valuation goes the other way. This outfit is a joke, crying out loud.

[bullmetal]

2 DOLLARS IS AGGRESSIVE LOL I WILL SAY THIS.  GOLD IS FINALLY ABOVE 2K AND THE WHOLE JUNIOR SECTOR WILL MOVE IN 2 WEEKS TO A MONTH AS LONG AS WE CONTINUE ON THIS TRAJECTORY OR NEAR TO IT. MAJORS HAVE RESPONDED WELL, MID TIERS NEXT AND THEN THE JUNIORS... AS ALWAYS THE BETTER JUNIORS FIRST!

[shelby2]

bullmetal ru sure u have the right company? orx would be lucky to see a dollar.. but hope ur right

[ggrellette]

Now who is pumping $1 or $2 is a pumping moron. That is NOT realistic but rather a pipe dream. With the right drill results we might see 25 cents if we r lucky. 5 cents to 25 cents is a HUGEEEEEEE jump. Maybe in 3 to 5 years with 100,000 meters of drilling done maybe see $1 if high grade is prominent.

[bullmetal]

HEY GRELLETTE I AGREE WHAT I WAS SAYING SHELBY IS 2$ IS A PIPE DREAM AND SO IS 1$. WE ARE CURRENTLY TRADING FOR CASH VALUE WHICH IS CHEAP WITH ZERO CONSIDERATION FOR PROPERTIES OR PERCENTAGE OWNERSHIP IN OTHER COMPANIES... I DO BELIEVE THE KIRKLAND LAKE DEAL ALLOWS FOR SOME SECURITY AND LIMITS BOTH OUR UPSIDE AND DOWNSIDE ALTHOUGH WE HAVE NOW MUCH LOWER TO GO HERE LOL.  NOT REALLY FUNNY

[ggrellette]

Sadly only drill results will move this needle. JV is already done. Most of the land aquisitions are done which is the reason why KL bought in.

[LedtoBelieve]

ggrellette, let's compare some financial numbers since 2019. From the sedar web site, and from orefinders' financial records, Orefinders had 79 million shares outstanding, and fully diluted, there was a total of 100 million shares outstanding, with shareholder's equity valued at $9.4 million. Fast forward to today, there is 247 million shares outstanding, plus 60 million warrants, for