Opawica Explorations Inc. (OPW:TSX-V) - May 11th 2017
Original Price: $ 0.045
Current Price: $ 0.045
Opawica has been active in the Canadian gold and base metal sector for the past 40 years. The company currently owns a 100% interest in two prospective gold properties in Quebec. Both properties have road power, and regional gold exploration and milling infrastructure within 10 kilometres.
The company has recently reported drill assays from its Phase 1 exploration program and is moving toward further infill drilling throughout the remainder of 2017.
Opawica’s properties are surrounding by highly successful gold properties with multi-million ounce deposits. This bodes well for Opawica as over 80% of its strike length has yet to be tested.
Opawica has a market capitalization of just $1.3 million and currently has positive working capital and no long-term debt. The company is embarking on an aggressive marketing campaign and should be generating plenty of news flow with drilling at its Bazooka gold properties.
We are commencing coverage of Opawica Explorations Inc. at $0.045 and look forward to providing updates as further drilling results are released.
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