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Bullboard - Stock Discussion Forum 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... see more

TSXV:OCG - Post Discussion

Outcrop Silver & Gold Corp > Big week ahead!!
View:
Post by Metal10 on Jun 08, 2020 8:34am

Big week ahead!!

Set to open at .415 <— any day we will be seeing first results on Latin America’s highest grade gold and silver properties... could easily see .60+ this week if assays are as high as I think they might be... (see previous few NR showcasing geological potential)
Comment by Himey2012 on Jun 08, 2020 1:25pm
I take it that the results are not that good?
Comment by lifegoeson on Jun 08, 2020 1:46pm
Himey.... I look at it this way, quick money has left the play, this always happens, easy money gone. Now $5M to drill, so this is a longer term play, not a quick flip everyone was hoping for. However, the selling seems to indicate the results are not spectacular (market action usually predicts the future), otherwise buying would be pushing this up. I am hoping the floor is not much below $0.30 ...more  
Comment by CHOCKYISBACK on Jun 08, 2020 2:02pm
Good points all Lifegoeson...If I may add, the delay in getting results back ( originally supposed to be last week from what I heard ), along with weak share action, would appear to indicate that those " in the know ", already know - haha ;)  Anyway as I said earlier, good time to lock in profits now to keep any extra shares as free-trading
Comment by lifegoeson on Jun 08, 2020 2:35pm
Chockyisback, I agree, generally when results are late is because they aren't very good and they want the stock to churn as much and long as possible so people can sell for the PP, But, there is always a big but, this could change in a second and the buyers might step back in. who knows, patience is again going to be key, so hopefully the price doesn't pull too far back.
Comment by CHOCKYISBACK on Jun 08, 2020 3:08pm
Yes, agreed...Big buying could come back in anytime but when I see the below image, coupled with my earlier comments about Anon & ITG dumping also, it gives one pause...Anyway good luck to all !
Comment by CharlieWaffles on Jun 08, 2020 4:14pm
https://mailchi.mp/outcropgoldcorp/outcrop-gold-intercepts-04-metres-of-54-grams-gold-per-tonne?e=197f95ae43
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