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  5. QCCU: What is your opinion on QC copper and gold inc? [QC Copper and Gold Inc.]
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Q: What is your opinion on QC copper and gold inc?

Thanks,

George
Asked by George on July 04, 2024
5i Research Answer:

QCCU is a bit too small for us to cover, at only $22M market cap. It does have $9M cash, but no revenue, losses and negative cash flow persist. It has about 18 months of cash and will need more capital. Insiders own about 11%. It has several grassroots projects in Canada and has drill programs on site. But it is still early days here and at best this is a lottery ticket. We do not see anything of huge note but also do not see major red flags. But we would not recommend it. 

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