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District Copper Corp. (DCOP.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.0300+0.0050 (+20.00%)
At close: 3:38PM EST
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  • D
    DDTG
    I bought the stock because I misread the ticker and thought it said DCUP.
  • 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
  • G
    Giacomo
    I'm in with 75,000 units at 0.02c CAD!! Let'er rip!!!!
  • Z
    Zach
    This is ever going to move? 😂
  • N
    Nate
    let's go guys. we got this
  • B
    Bullpoopster
    Everyone check out Qyou stock. The symbol is Qyou.v. It is flying today and only getting started. Look at the volume and is set to make 1.10 before the end of the year. Thank me later
  • N
    Nate
    let's go to the moon baby
  • h
    hardik
    looks like there is something coming big next week
  • T
    The Godfather
    Volume 5 million today !? Starting to sweat over here .. It’s either very good or very, very bad.
  • t
    the family
    this is good, the price is finally rising the volume is going up
    too, we are waiting for the good news?
  • h
    hardik
    what happened to this now?
  • d
    damien
    Hellooo anyone out there?????
  • A
    Andrew
    volume!
  • t
    the family
    the volume of bought means some people have some positive information that most of us don't
  • A
    Andrew
    anyone have any useful info on this stock
  • 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
  • t
    the family
    compare to GBR.v stock report and the price!
    You would see how low the price is for today market
  • A
    Andrew
    what makes you think that