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Outcrop Silver & Gold Corp V.OCG

Alternate Symbol(s):  OCGSF

Outcrop Silver & Gold Corporation is a Canada-based company focused on exploring precious metals in Colombia. The Company is advancing the Santa Ana high-grade silver deposit with ongoing expansion drilling. The Company is also progressing exploration on three gold projects in Colombia. The 100% owned Santa Ana project comprises over 27,697 hectares (ha), 6,475 ha titled in the northern Tolima Department. The project is located approximately 15 kilometers (km) southeast of the town of Mariquita and 190 km from Bogota. Its Mallama project comprises approximately 9,036 ha of titles located in Narino Department. The property covers a large portion of the Piedrancha district and hosts more than thirty-five mapped and projected epithermal veins. Its Oribella project comprises about 20,000 ha and is located in Antioquia Department within the Middle Cauca Belt metallogenic province. Its Argelia project comprises approximately 4,355 ha of applications located in Antioquia Department.


TSXV:OCG - Post by User

Bullboard Posts
Comment by p1on33ron May 15, 2011 11:58pm
402 Views
Post# 18580003

RE: RE: RE: For those who are still here...

RE: RE: RE: For those who are still here...I think Paul could be right on this one.  But, even thought gold's fair value might be around $900 / ounce, I don't think we'll get back there any time soon without a significant rally in the US dollar which would require some significant improvement in the US economy.  As for Miranda, its not exactly a proxy for the price of gold - just look at the last year or two of MAD and GLD - they are practically inversely correlated!  So, why buy MAD?  Because they are a well managed company that has many properties being drilled with other people's money that you are getting for SUPER CHEAP.  Its an excellent speculation at these levels during this slow period before the drill results come flooding in.  GLTA.
Bullboard Posts