The precious metals and exploration industry is one that has been rapidly growing worldwide. As technological advances continue to develop, the demand for base materials by larger corporations is dramatically increasing.
Realizing this, our research team decided to hunt down the next best exploration company. After months of research, we found our next diamond in the rough, Opawica Exploration INC.
Who Is Opawica Explorations?
Trading on the TSXV exchange under the ticker $OPW, Opawica is a Canadian based exploration company headquartered in Vancouver, BC. Led by Blake Morgan (CEO and President), as well as Sandra Wong (CFO) the company has been growing its portfolio of precious metals and base materials properties within the Rouyn-Noranda region of the Abitibi Gold Belt in Québec.
Blake Morgan has had 15 years of experience in the mining industry, which has given him firsthand knowledge and understanding of the necessary processes needed to run successful projects. Just as much as we research the company itself, we research the management teams to make sure their experience and vision are in-line with our financial projections. Opawica’s team aids in our confidence and reinforces our predictions.
Opawica’s Current Projects
With a strong track record in prior expeditions and exploration projects, the company has begun several key projects moving towards the future in Quebec, Yukion, and Ontario. Their ‘Bazooka West Property’, in Quebec, BC, is particularly one of the more interesting projects they have undergone in our eyes. The area is 100% owned by Opawica and consists of 24 mineral claims totaling an area of 953.86 hectares.
Opawica’s Upside Potential
Easily one of the most interesting and innovative publicly listed exploration companies, Opawica is a steal at under $.35 CAD in our eyes. With a growing portfolio of properties, determined and experienced management, and a growing balance sheet, Opawica’s future looks extremely bright. We have a 120%+ short-term price target of $.65 CAD, and a long-term target of 200%+ of $1.20.