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District Copper Corp. (DCOP.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.17000.0000 (0.00%)
At close: 9:30AM EDT
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  • D
    DipBuy$$$
    Hi guys, is it a reverse split?
  • C
    CryptoPower
    Bruce; what's the latest on the lawsuit? Seems like a few bottom feeding Canadian junior miners decided to defraud their investors this year. District Copper, Go Metals, Evolving Gold and Monterey Minerals. I am glad to see someone finally going after this fraudsters!!!
  • B
    Bruce
    I applied at Kamloops Courthouse on Friday ( 2 days ago ) to see a Judge on July 12th, the earliest date available, in order to move this Claim/Action against DCOP and Pollard up to Supreme Court.

    This results in essentially automatic approval as the Judge must do so upon my request, since the amount sought vastly exceeds the Small Claims limit of $35,000.

    The Defendants DCOP and Pollard have the right to appear, and are each being served the appropriate Notice today ( Pollard ) and early in the week ( DCOP, in Vancouver ).

    Others may be added as Defendants.
  • B
    Bruce
    Legal action filed May 17th in Kamloops against Pollard and DCOP.
    TSX notified.
  • B
    Bruce
    DCOP was served yesterday with legal action regarding the Copper Keg deal of February 09, 2021. The TSX has been asked to not consider the deal for its approval while the litigation is pending and/or until the dispute is settled or adjudicated.

    The matter is being looked into by the TSE Compliance Department. This is a serious matter and the company must provide a News Release regarding being sued...but will they, and when?
  • D
    DipBuy$$$
    Without copper you can not make motors, and many other things.

    Copper is a chemical element with the symbol Cu (from Latin: cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement.
  • S
    Scott
    Im having a hard time trusting anything from this company. Can someone explain to me if DCOP still owns the Stony Lake Gold Project in NL? Every time I try to do research i end up on K9 Gold Corp as the owner- Both K9 Gold Corp and DCOP website say they own 13025 hectares- Coincidence? Multiple Players? Did they secretly sell it without any release? DCOPs website is garbage and is never updated and this company fails to follow press release protocol (no speak of the 1:10 reverse split). Anyone that has info on this that can share would be appreciated
  • B
    Bruce
    Please see my post on stockhouse regarding
    DCOP's PHONY ADDRESS, and difficulty serving DCOP with a legal action:
    https://stockhouse.com/companies/bullboard?symbol=v.dcop&postid=33295352
  • h
    hardik
    looks like there is something coming big next week
  • t
    the family
    this is good, the price is finally rising the volume is going up
    too, we are waiting for the good news?
  • B
    Balkanch
    I estimated the option on Stoney Lake worths around 2.5 M$ if 100% optioned by K9 after their drill results which seem quite promising (5,3M shares of K9gold at 30 c at actual price, maybe more depending on drills results + 850K$ in cash). Since july, K9 gained 7 M in market cap, in direct corelation with the option acquisition of july 2020. We can therefore estimate that the Stoney Lake project would worths between 2.5M and 7 M$ with the data we have as of now. DCOP sold their other project Eaglehead to Copperfox (which is a DCOP major holder with 25%) for around 1.5 M in 2019. That would be for both project 4M$ minimal in 2 years. Operating expenses was around 700K$ in the past 2 years, which leaves 3.3M$ if Stoney Lake was to be optioned today. DCOP also owns the Matachewan project which is I think the most promiseful since there is already an operating mine (Young Davidson - Alamos Gold) a few KM from the project. I estimated a value of 2M in this project at least. My estimates show a valuation of 5.3M$ for the company, so around 4 to 5 c a share. With 100M floating shares, there is room for dilution if targeted projects have good potential. At this price, there would be room to add 20-40 millions shares for financing (2M$ at 5 C). So my conclusion is that with gold, silver and copper soaring, they will focus on Matachewan (expanding or drilling) and focus on Alamos Gold partnership. Many gold miners are joint-venturing with junior miners, ore reserves are going low. I think this is where the management is going, but this is my sole opinion (Disclaimer!). GLTA
  • T
    The Godfather
    Volume 5 million today !? Starting to sweat over here .. It’s either very good or very, very bad.
  • h
    hardik
    what happened to this now?
  • d
    damien
    Hellooo anyone out there?????
  • C
    CryptoPower
    I'm in with 75,000 units at 0.02c CAD!! Let'er rip!!!!
  • D
    DipBuy$$$
    Any update or news guys?
  • t
    the family
    the volume of bought means some people have some positive information that most of us don't
  • h
    hardik
    when this will go up?
  • t
    the family
    If the management is lazy at the cost of investors then they should be removed to let the dcop to rise to it's real value.
  • t
    the family
    the reason for the dcop low price is because the company management are not committed to provide reliable information