PowerOre (PORE.V)

[investar]

It was a spin-off of Orefinders ORX.V

http://www.powerore.com/
site has factsheet, presentation and technical reports
Main project: Opemiska copper

50M shares out; 0.055/0.06
Market Cap: 2.5M CA$
Not very liquid, there are many days with no volume

There was some 'unremarked' news about PORE spinning off a Uranium company with James Sykes, called Baselode:

https://baselode.com/

Uranium is in big demand!
PORE owns 80% today


Report/interview of the CEO

https://www.caesarsreport.com/interview ... resources/

[investar]

Some news: their Uranium spinoff will launch with the ticker "FIND".

https://www.newswire.ca/news-releases/r ... 11872.html

Probably a strong buy here at 0.06 CAD

[investar]

PowerOre could benefit from the move towards green technologies for energy production and transportation.

Several major international copper mines are "drying up", and they're being forced to change strategies that have worked for 50+ years in order to try to maximize production. In either case, production from those major mines are expected to fall.

The Opemiska Copper project in Quebec:

http://www.powerore.com/opemiska/

[investar]

Very strong buy here at 0.08CAD:

- their 62% interest in uranium junior explorer Baselode Energy (that will have plenty of exploration news in the next months) is worth more than today's market cap

- they recently expanded the land package of their Opemiska Copper project

- updated presentation:
http://www.powerore.com/wp-content/uplo ... .07.21.pdf

Also, the senior team will be onsite, first week of August and "there is going to be a lot of activity":

https://youtu.be/XBOeyiZ6ir8

[investar]

https://www.youtube.com/watch?v=zVA6vHi ... 9618674688

Possibly, it is better to get into $FIND at 0.4CAD than into PORE.V here.
But the 62% ownership of FIND is worth more than the current PORE market cap.
And copper went above the 3$ level for the first time since long:

https://www.northernminer.com/commoditi ... 003821036/

[investar]

Lots of interest for the Private Placement of PORE (shares at 8c and warrants at 14c).

Now, for a MC of 5M CAD,

- a drilling program coming up (with more than 1M cash on hand)
- copper prices rising
- 62% of FIND is worth 6M CAD alone

[investar]

breakout imminent?

It looks like it.

copper price forecast up:
https://www.mining.com/copper-price-for ... nd-report/

[investar]

Ticker changed: it is now QCCU

Stock is up, now at 11.5 cents but still very undervalued with the current MC of 8M$, as the stake in $FIND is now worth much more already