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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 seeks special situation investments in the natural resource sector that offer diverse exposure to high returns on precious and critical metal assets and businesses. The Company has equity positions in portfolio companies, such as American Eagle Gold Corp., XXIX Metal Corp., Mistango River Resources Inc., and Awale Resources Limited, in... see more

TSXV:OCI - Post Discussion

Orecap Invest Corp > It,s Coming Big Time
View:
Post by Goldy63 on Apr 08, 2022 8:51am

It,s Coming Big Time

LME risks more squeezes https://www.mining.com/web/lme-risks-more-squeezes-as-metal-stockpiles-hit-lowest-in-decades/
Comment by LedtoBelieve on Apr 08, 2022 11:10am
Add to this factor is Russia's recent decision to peg it's Ruble to the price of gold whereby it is now paying 5000 rubles for 1 gram of gold, and to force many buyers of any of it's commodities to pay for them in Russian Rubles. If you look at the chart of the Russian Ruble, it's price has recently stabilized as a result, and is now about the same as it's value 6 months ago ...more  
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