XXIX Metal Corp V.XXIX

QC Copper Acquires Stake In Roger Gold Project

[AwareInvestor]

QC Copper and Gold has expanded its holdings in the Chibougamau District of Quebec. The firm this morning announced that it has acquired a 50% stake in the Roger Gold-Copper project in the region, with the other 50% of the project currently held by a subsidiary of Investissement Quebec.

https://thedeepdive.ca/qc-copper-acquires-stake-in-roger-gold-project/

[Vudu52]

I absolutelly don't get this transaction.  Grade are too low to be mined and the property has been extensivelly explored and never yeileded anything.   Too far for trucking distance to Opemiska.  And why issue shares before the drilling results are released?   Copper prices are back up and we don't get any benefit because of this transaction.

[juspam1]

Go on youtube and check out the video, QC cooper and Gold more is explained there!

[Vudu52]

I watched it.  To mine profitably at this grade (0.95 g. Au/t), you need 10 M ozs in reserve.  I just don't see what is attractive in this property.  It has no grade, no tonnage.   Do you see something I don't see?   And I still don't get why the rush to buy the property before the release of the Opemiska results.  Surely, there was not a flock