QC Copper and Gold Inc (QCCU.V)

QC Copper and Gold Inc (QCCU.V)

Postby investar » Tue Oct 27, 2020 4:09 am

This is the previous PowerOre!

earlier posts:
viewtopic.php?f=57&t=10113


Stock is now 0.125 CAD.
Should be higher:
Market cap is not even reflecting the company's holdings in uranium exploration junior Baselode Energy (FIND.V).
So the copper project is "free" at this moment.
investar
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Re: QC Copper and Gold Inc (QCCU.V)

Postby investar » Wed Nov 11, 2020 5:14 am

Breaking out... now 18.5
investar
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Re: QC Copper and Gold Inc (QCCU.V)

Postby investar » Wed Dec 02, 2020 5:43 pm

The PP has closed: 5M raised, at 15ct and FT units at 18ct

This will probably be the bottom for this stock going forward.

With copper at new highs, (and FIND going higher as its uranium project is developing) this stock could very well double from here in the next months.



The Company intends to use the net proceeds from the sale of Units towards its exploration and development work on the Opemiska Copper Project in Chapais, Quebec, and for general corporate and working capital purposes. The Company intends to use the net proceeds from the sale of FT Units towards its exploration work on the Opemiska Copper Project in Chapais, Quebec.
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Re: QC Copper and Gold Inc (QCCU.V)

Postby investar » Thu Dec 24, 2020 11:54 pm

Based on the value of FIND shares now (above 1 CAD today), QCCU should be 0.3 CAD only for that holding.
Add the potential of the open pit copper mine and this can really go to 0.5 CAD without problem.
Let's maybe not forget that one year ago, when it was still PORE.V, nobody was interested in this junior yet (at 0.06 CAD...)

So things can move/change fastly
investar
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Re: QC Copper and Gold Inc (QCCU.V)

Postby investar » Tue Dec 29, 2020 9:35 pm

Mentioned as Top Pick for 2021 by Uranium Insider: (minute 26)

https://www.youtube.com/watch?v=X5wtGl- ... e=youtu.be
investar
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Re: QC Copper and Gold Inc (QCCU.V)

Postby investar » Wed Jan 13, 2021 5:49 pm

https://oreday.com/

join us for 'Ore Day', which will be broadcast on January 22.

Ore Day is a virtual event for our group's exclusive benefit. We are hosting commodity experts such as David Rosenberg, Ken Hoffman, Andrew Cosgrove, Justin Huhn and Bill Powers, who will present on their respective expertise.


Within these sessions, we'll be showcasing our portfolio of companies, including Orefinders, Baselode Energy, Mistango, QC Copper, as well as introducing our newest venture in Nevada - American Eagle Gold, whose IPO financing is underway. Concurrent with AEG’s financing, it will be listed on the TSX Venture.
investar
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Re: QC Copper and Gold Inc (QCCU.V)

Postby investar » Tue Mar 02, 2021 6:40 pm

Featured in Northern Miner:

https://www.northernminer.com/news/base ... 003828316/

QC Copper & Gold (TSXV: QCCU; US-OTC: QCCUF) is completing a 20,000-metre drill program at its past-producing 127.8-sq.-km Opemiska project in Quebec’s Chibougamau region. The site hosts four historic underground mines that together generated over 1.1 billion lb. of copper and 750,000 oz. of gold. Between 1953 and 1991, mined grades were at approximately 2.4% copper and 0.3 gram gold per tonne.

QC’s vision for the property is of an open-pit, bulk tonnage operation, mining both the high-grade veins targeted by past operators, as well as lower-grade disseminated copper mineralization outside these veins that was previously overlooked.

In 2019, the company completed a 23-hole, 3,300-metre drill program at Opemiska, focused around the historic Springer mine. Results confirmed QC’s hypothesis of near-surface disseminated mineralization, returning 12 mineralized intersections of approximately 100 metres. Drill highlights included 7.9 metres of 4.65% copper-equivalent from 81.1 metres; 25 metres of 4.15% copper-equivalent starting at 38 metres; and 284.4 metres of 0.3% copper-equivalent from 27.6 metres.

In its current drill program, QC is focusing on defining a near-surface, in-pit resource around the Springer and Perry mines, while also targeting additional underground mineralization at Perry. A resource estimate for these two areas is expected in the first half of 2021. These grounds were added to the company’s portfolio in the fourth quarter of 2019.

A total of 12,810 metres, in 62 holes, is scheduled for Springer. These holes, with an average length of just over 200 metres, are planned on a 50-metre to 75-metre spacing and will target high-grade veins, disseminated zones and crown pillar mineralization.

The past-producing Cooke mine is another potential satellite deposit at Opemiska. Unlike the three historic copper mines, Cooke is a high-grade gold project with copper by-products and previously generated approximately 320,000 oz. from material grading 5.17 grams gold per tonne.

Opemiska covers a 12-km section of the Gwillim fault and also includes volcanogenic massive sulphide mineralization.

The company also has a 36% stake in Athabasca-focused uranium explorer Baselode Energy (TSXV: FIND; US-OTC: BSENF). QC is part of the Ore Group.

QC Copper & Gold has a $28.1 million market capitalization.
investar
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Re: QC Copper and Gold Inc (QCCU.V)

Postby investar » Wed May 26, 2021 2:00 am

https://www.proactiveinvestors.com/comp ... 21198.html

+ Insider buy: CEO buys shares in open market at 22c
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Re: QC Copper and Gold Inc (QCCU.V)

Postby investar » Mon Oct 18, 2021 8:49 am

Lots of volume lately, after a big jump to the 40ct area based on the latest news of the Opemiska copper project.

They also raised capital at 60ct (FT shares).

Ready to drill more holes and expand Opemiska. No new financings in sight. Also not too much warrant overhang (I think).

Some say it could double again? Maybe too optimistic. But if FIND shares keep rocketing, then it's possible of course, as they still own a big chunk of FIND.
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Re: QC Copper and Gold Inc (QCCU.V)

Postby investar » Tue Mar 08, 2022 4:20 pm

This stock might be getting ready to be re-discovered now that the copper prices are soaring.
It reached a high of 0.47$ a few months ago.
Now at 0.28$ it looks like a firm bottom has formed.

DD clip from the CEO and geologist:
https://www.youtube.com/watch?v=Ae_NRKVU_7I
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