GREY:NWSKF - Post by User
Comment by
moneymotivatoron Sep 12, 2012 8:06pm
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Post# 20354579
RE: RE: RE: Article About OCO (South of NES) by Bo
RE: RE: RE: Article About OCO (South of NES) by Bo hmm interesting so looks like that market is only pricing 2.2 million Oz of gold less cash using its current 220 million market cap and the $100/Oz valutation figured you mentioned. This seems to be on the low-side....I bought cuz this company has some of the best drill results I have ever seen and a lots is near the surface which is even better :D
A couple positive indicators turning up on my radar. Not very much volume until traded until the $2.25 level during the past few years and even less all the way up to the 3 dollar level in the past year so less resistance up too, between and after those levels IMO. Also parabolic SAR looks like it could turn bullish on the daily if we breach $1.95.
https://stockcharts.com/h-sc/ui
Cheers,
MM